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.

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