Iran Steel Market News

A new report by the Iranian Steel Producers Association shows a significant decline in domestic steelmakers’ production. Iranian steelmakers produced a total of 10.83 million tons of semi-…

Deputy Industries Minister Saeed Zarandi said losses inflicted by power outages on steel mills affiliated to the Iranian Mines and Mining Industries Development and Renovation Organization have…

Iran’s steel exports to Afghanistan have reportedly halted amid the current political and logistical turmoil in the neighboring country, but a member of the Board of Directors of Iran Steel…

By producing 3.19 million tons of semi-finished steel products during the first four months of the current Iranian year (started March 21), down 6% year-on-year, Mobarakeh Steel Company topped…

Iranian steel mills produced a total of 17.8 million tons of crude steel in the first seven months of 2021, which indicate a 9.9% rise compared with the corresponding period of 2020.  As…

The upstream steel industry registered growth in the production of iron ore concentrate and granulated iron ore during the first four months (March 21-July 22) of the fiscal 2021-22 compared…

High summer demand has led to severe power and water shortages in the past few weeks in most parts of the country. Power supply to steel and cement factories were subsequently restricted by…

During the first four months of the current fiscal year (March 21-July 22), steel exports saw significant growth as imports and production declined compared with last year’s corresponding period…

The Iran Power Generation, Distribution and Transmission Company (locally known as Tavanir) has warned that it will have to cut down on its electricity supply to steel mills, if public consumers…

Iran Central Iron Ore Company has started the construction of a new iron ore concentrate production plant with an annual capacity of 2 million tons and an investment of €105 million in the Bafq…

Iran's apparent steel usage, defined as production plus imports minus exports, sometimes also adjusted for changes in inventories, decreased in the first quarter of the current Iranian year (…

The upstream steel industry registered growth in the production of iron ore concentrate, pellet and direct reduced iron in the first quarter of the current fiscal year (March 21-June 21)…

Heavyweight mining firms earned 1,617 trillion rials ($6.5 billion) in net profit in the fiscal 2020-21, registering a 167% year-on-year growth.

A new report by Iranian Steel Producers Association shows Iranian steelmakers have recorded a significant rise in exports during the first quarter of the current fiscal year (March 21-June 21)…

The World Steel Association’s latest report shows Iran is the world’s second biggest producer of direct reduced iron after India. A total of 12.18 million tons of DRI, also known as sponge iron…

Iran's apparent steel usage, defined as production plus imports minus exports, sometimes also adjusted for changes in inventories, increased during the first two months of the current Iranian…

Iranian steel mills produced a total of 12.5 million tons of crude steel in the first five months of 2021, which indicate a 9.2% rise compared with the corresponding period in 2020.  As…

Exports of finished and semi-finished steel products registered solid growth during the first two months of the current fiscal year (started March 20, 2021), latest data released by the Iranian…

A total of 9.68 million tons of DRI, also known as sponge iron, were produced in Iran during the first four months of 2021 to register a 3.3% growth compared with the corresponding period of…

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…

Iranian steel mills produced 10 million tons of crude steel in the first four months of 2021, which indicate a 9.6% rise compared with 2020.  As per the latest report released by World…

Iranian steelmakers produced a total of 52.33 million tons of semi-finished and finished steel products in the last fiscal year (ended March 20, 2021). According to Iranian Steel Producers…

A total of 9 million tons of finished and semi-finished steel products were exported from Iran in the last fiscal year (ended March 20, 2021) to register a 13.1% decline compared with last year'…

Iranian steel mills produced a total of 7.5 million tons of crude steel during the first three months of 2021, which indicate a 10.7% rise compared with 2020, recording the second highest growth…

Mobarakeh Steel Company is the largest steel producer of Iran, recording an 8% growth in its semi-finished steel output during the last fiscal year (ended March 20, 2021).  With a…