Domestic Economy
0

Iran's Steel Output Tops 13m Tons

Steel Output Tops 13m TonsSteel Output Tops 13m Tons

Iran's major steelmakers produced a total of 5.83 million tons of finished steel products, including hot- and cold-rolled coils, rebar, beams, pipes and wide, galvanized sheets during the first five months of the current fiscal year (March 21-Aug. 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 3.64 million tons (up 4% YOY).
MSC was followed by Esfahan Steel Company (ESCO) with 948,991 tons (up 4% YOY), Oxin Steel Company with 355,896 tons (up 16% YOY), Khorasan Steel Company with 269,665 tons (up 21% YOY), Azarbaijan Steel Company with 140,376 tons (up 28% YOY), IASCO with 121,048 tons—114,728 tons of rebar (up 21% YOY) and 6,320 tons of “other” products (up 62% YOY), Chaharmahal-Bakhtiari Automotive Sheet Company with 110,694 tons (up 22% YOY)...

Premium

Subscribe to the Financial Tribune to continue reading this article or Log in to your account if you are already a subscriber.

Find out more about our subsciption plans here.

Add new comment

Financialtribune.com