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Iran H1 Steel Output reached 23 million tonnes

Steel News - Published on Fri, 18 Oct 2019

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Financial Tribune reported that Iranian steelmakers produced a total of 23.26 million tonnes of semis and finished steel products during the first half of the current Iranian year (March 21-Sept. 22) to register a 6.43% increase YoY. According to the Iranian Steel Producers Association's latest report, semi-finished steel made up 13.08 million tonnes of the total output, up 6% YoY.

Billet and bloom made up 7.67 million tons of semi-finished production while slab output hit 5.41 million tons to register a 13% rise and a 3% decline respectively YoY. As for finished steel, output increased 8% YoY to 10.17 million tonnes.

Flat steel products had the lion's share of finished steel production with 5.26 million tons, up 7% YOY. HRC made up 4.41 million tonnes of the production in this category, registering a 5% growth YoY, followed by CRC with 1.3 million tons (up 5% YoY) and coated coil with 817,000 tonnes (up 7% YoY)

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Posted By : Rabi Wangkhem on Fri, 18 Oct 2019
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