HRC Tops List of Iranian Steel Product Output
HRC Tops List of Iranian Steel Product Output

HRC Tops List of Iranian Steel Product Output

HRC Tops List of Iranian Steel Product Output

Hot-rolled coils made up 39.8% of Iran’s 10.28 million-ton steel product output during the seven months to October 22, registering a 4% drop year-on-year, according to the latest data released by the Iranian Steel Producers Association. With a 36.2% share, rebar was the next in line. Its output shrank 2% compared with last year’s similar period. It was followed by cold-rolled coil with a 10% share, coated coil with 5.9% and beams with 5.8%. Iran produced 10.74 million tons of crude steel in the seven-month period, posting an 8% growth year-on-year. Billet and bloom production accounted for 5.66 million tons of the overall figure, and slab output for 5.08 million tons. Iran is currently ranked the world’s 14th largest steelmaker with a production capacity of 31 million tons.

Short URL : https://goo.gl/JGlaoU
  1. https://goo.gl/FLpP9L
  • https://goo.gl/SH1GeP
  • https://goo.gl/V9pYzu
  • https://goo.gl/9PDrjw
  • https://goo.gl/b9Rp0Z

You can also read ...

How China Became Iran’s Coziest Trade Partner?
From bilateral trade to finance contracts and civil projects,...
The economy of the Islamic Republic of Iran has been tied to political and foreign affairs developments over the years.
This is the Financial Tribune’s last edition of the current...
Iranian Banking Sector Awaits Full JCPOA Benefits
Iran’s Deputy Foreign Minister Abbas Araqchi addressed various...
President Hassan Rouhani on Sunday spoke to reporters after the last Cabinet meeting of the current year.
President Hassan Rouhani on Sunday outlined his administration...
Iran has more than 37 billion tons of proven mineral reserves and 57 billion tons of potential reserves.
Iran exported more than 58.09 million tons of mineral products...
All-Out Growth in Interbank Market
The Central Bank of Iran has released its latest data on the...

Add new comment

Read our comment policy before posting your viewpoints