Growth in Iran Steel Output

Iranian steelmakers produced 18.26 million tons of semi-finished products during the first seven months of the current fiscal year (March 21-Oct. 22), 16% more than in the corresponding period of last year.
The production of billet and bloom reached an aggregate 11.09 million tons, registering a 19% rise while that of slab reached 7.17 million tons to mark an 11% rise, reaching a combined total of 11.09 million tons, latest data released by the Iranian Steel Producers Association show. 
The output of finished steel increased by 15% to 12.67 million tons during the period. 
Long steel products grabbed the highest share of finished steel production with 7.35 million tons, registering a 17% increase compared with the similar period of last year.
Rebar production stood at 6.14 million tons (up 20%), beams hit 700,000 tons (up 3%) and L-beam, T-beam and other types of beams amounted to 510,000 tons (up 9%).
Flat steel reached 5.31 million tons (up 12%) while hot-rolled coil output had the biggest share of flat steel production with 5.11 million tons, marking a 10% rise. It was followed by cold-rolled coil with 1.43 million tons (up 2%) and coated coil with 881,000 tons (up 2%).
The output of direct-reduced iron stood at 20.73 million tons during the period, up 19%.