The Iranian steel industry recorded strong growth rates both in production and exports during the first month of the current fiscal year (March 20-April 20).
Iranian steelmakers produced a total of 4.5 million tons of semi-finished and finished steel products during the period.
According to the Iranian Steel Producers Association’s latest report, semis accounted for 2.8 million tons of the total output, up 20% YOY.
Billet and bloom made up 1.675 million tons of semi-finished production whereas slab output reached 1.13 million tons to register a 28% and 9% YOY rise, respectively.
The output of finished steel also increased by 20% YOY to 1.74 million tons.
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