MSC Remains Frontrunner in Domestic Steel Production

With an output of 7.58 million tons, Mobarakeh Steel Company had the largest share of steel production in Iran during the first five months of the current fiscal year (March 20-Aug. 21).
The steel mill produced 3.49 million tons of finished products during the period and registered a 4% decline compared with last year’s corresponding period.
Close to 4.09 million tons of semi-finished products were produced by MSC, up 5% 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 Aug. 21 neared 1.4 million tons with 689,794 tons of finished steel, down 5% YOY and 707,367 tons of semi-finished steel, down 10% 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.