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Iran: Production of Finished Steel, Semis Increases

ISPA Report: Production of Finished Steel, Semis Increases ISPA Report: Production of Finished Steel, Semis Increases

Iranian steelmakers produced a total of 7.85 million tons of products during the first two Iranian months (March 20-May 21) to register a 7.73% year-on-year increase, according to the Iranian Steel Producers Association's latest report.
Semi-finished steel made up 4.33 million tons of the total output, up 2% year-on-year.
Billet and bloom made up 2.56 million tons of all semi-finished production volume while slab output hit 1.76 million tons to register a 15% rise and a 13% decline respectively YOY.
As for finished steel, output increased by 16% YOY to reach 3.52 million tons.

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