MSC Retains Largest Share of Domestic Steel Production

With an output of about 6.2 million tons, Mobarakeh Steel Company had the largest share of steel production in Iran during the first four months of the current fiscal year (March 20-July 21).
The steel mill produced 2.81 million tons of finished products during the period and registered a 4% decline compared with last year’s corresponding period.
More than 3.38 million tons of semi-finished products were produced by MSC, up 9% year-on-year, the Iranian Mines and Mining Industries Development and Renovation Organization’s latest report shows.
MSC’s total output over the month ending July exceeded 1.47 million tons: 684,559 tons of finished steel, down 2% YOY; in addition to 785,853 tons of semi-finished steel, up 7% compared with the corresponding period of last year.
Located in southwestern Isfahan, Mobarakeh Steel Company is the biggest steel producer in Iran and the Middle East and North Africa region.