Domestic Economy

Iran: Output of Finished Steel, Semis Rises

Mobarakeh Steel Company, along with its subsidiary, was the biggest producer of finished and semi-finished steel during the period under review
Output of Finished Steel, Semis RisesOutput of Finished Steel, Semis Rises

A total of 4.12 million tons of finished steel products, including hot- and cold-rolled coils, rebar, beams, pipes, wide and galvanized sheets, were produced in Iran during the first four months of the current Iranian year (March 21-July 22) to register a 9% growth year-on-year. 
According to the Iranian Mines and Mining Industries Development and Renovation Organization’s latest report, Mobarakeh Steel Company and its subsidiary Saba Steel had the largest share of production with 2.36 million tons (up 2% YOY).
MSC was followed by Esfahan Steel Company (ESCO) with 776,253 tons (up 7% YOY), Oxin Steel Company with 294,174 tons (up 24% YOY), Khorasan Steel Company with 217,041 tons (up 18% YOY), Azarbaijan Steel Company with 116,629 tons (up 35% YOY), IASCO with 95,984 tons—91,421 tons of rebar (up 32% YOY) and 4,563 tons of other products (up 46% YOY) and Chaharmahal-Bakhtiari Automotive Sheet Company with 83,952 tons (up 23% YOY).
Other major producers of finished steel included Bonab Steel Company with 82,502 tons—906 tons of beams, 80,269 tons of rebar (up 41% YOY) and 1,327 tons of other products (down 63% YOY), Ahvaz Rolling and Pipe Manufacturing Company with 65,000 tons (up 79% YOY) and INSIG with 35,805 tons—26,007 tons of rebar, 6,016 tons of beam, and 3,782 tons of pipes (up 44% YOY).


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