Domestic Economy

Tepid Growth in Iran's Steel Production

Production of iron ore concentrate declines by 1%, as pellet, DRI and downstream products rose 6%, 4% and 1% respectively.
Tepid Growth in Iran Steel Production
Tepid Growth in Iran Steel Production

A total of 4.01 million tons of iron ore concentrate were produced in Iran during the first Iranian month (March 21-April 20) to register a 1% decline compared with the same month of the year before.
According to the Iranian Mines and Mining Industries Development and Renovation Organization’s latest report, Golgohar Mining and Industrial Complex accounted for 1.43 million tons of the total output (down 7% YOY), followed by Chadormalu Mining and Industrial Complex with 934,112 tons (up 25% YOY), Middle East Mines and Mining Industries Development Holding Company with 460,906 tons (down 8% YOY), Iran Central Iron Ore Company with 384,650 tons (down 17% YOY) and Goharzamin Iron Ore Company with 378,995 tons (unchanged).
Other major producers were Opal Parsian Sangan with 257,014 tons (up 7% YOY), National Development Company with 101,402 tons (up 99% YOY), Sabanour Mining and Industrial Development Company with 35,739 tons (down 56% YOY) and Jalalabad Iron Ore Complex with 23,528 tons (down 57% YOY).


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