Date: 22 January 2024 , 12:32
News ID: 11265
NEWS SERVICE: IRON and STEEL

Iran’s Steel Chain Output and Exports Up in 9 Months on Year

Iran’s steel chain production and exports increased during the first nine months of the current Iranian calendar year (March21, December21, 2023).

According to the report of public relations of IMIDRO, Iranian steelmakers produced 24.492 million tons of steel ingot and 16.626 million tons of steel products during the first nine months of the current Iranian calendar year (March21, December21, 2023), indicating 3 percent and 0.25 percent growth YoY, respectively.

During the period under review, Iran’s pellet production stood at 44.843 million tons registering a 10 percent rise compared to the corresponding period of the last year.
Likewise, the country produced 28.088 million tons of sponge iron during this period that shows 6.5 percent increase year on year.

Steel chain exports

Iranian steelmakers exported 5.621 million tons of steel ingot and 2.477 million tons of steel products during the first nine months of the current Iranian calendar year (March21, December21, 2023), up7.6 percent and 1 percent respectively Y/Y.
Moreover, pellet and sponge iron exports stood at 7.224 million tons and 1.214 million tons registering 97 percent and 93 percent rise compared to the same period of the last year, respectively.

Source: IMIDRO

steel chain IMIDRO Iranian steelmakers
Top News
Sibanye-Stillwater liable for damages to Appian for .2 billion scrapped mine deals
Sibanye-Stillwater liable for damages to Appian for .2 billion scrapped mine deals
One last month
Mobarakeh Steel Co. record holder in quantitative and qualitative production
Mobarakeh Steel Co. record holder in quantitative and qualitative production
Seven last month
"Sustainability and innovation in production and development, excellence in culture", the orientation of Mobarakeh Steel Co. to realize the motto of 2024
Seven last month
Gianpietro Benedetti, Chairman of Danieli Group, passes away
Gianpietro Benedetti, Chairman of Danieli Group, passes away
Six last month
The entrepreneur Gianpietro Benedetti has died, he was 81 years old
The entrepreneur Gianpietro Benedetti has died, he was 81 years old
Six last month
The President visited the Sungun Copper Complex
The President visited the Sungun Copper Complex
Two last year
Most Like