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Iran’s steel production up by 8% in 11 months - IMIDRO

Steel News - Published on Mon, 18 Mar 2019

Image Source: SteelGuru
Iran Daily reported that Iranian steelmakers cast 19.604 million tonnes of crude steel in the first 11 months of the current Iranian year (March 21, 2018-February 19, 2019) which registered an eight-percent growth compared with the corresponding period last year. Iranian Steel Producers Association released a report showing that the production of steel products showed a 13-percent growth during the 11 months as billet and bloom output stood at 12.958 million tonnes, while that of slab reached 9.738 million tonnes

Hot-rolled coil has the lion’s share of finished steel production with 7.277 million tonnes, up 3% YoY. It was followed by rebar with 7.102 million tonnes, up 24% YoY. Production of cold-rolled steel coil stood at 2.34 million tonnes, up 14 percent, while the production of coated coil with 1.272 million tons observed a nine-percent fall.

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Posted By : Rabi Wangkhem on Mon, 18 Mar 2019
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