Date: 02 February 2024 , 12:17
News ID: 11266

Mobarakeh Steel incomes increased

Reviewing the monthly activity report of Mobarakeh Steel Company in January shows that this company has succeeded in increasing its production and sales compared to December. This caused the company's monthly income to increase compared to last month despite the decrease in steel prices.

A look at the monthly activity report of Mobarakeh Steel Company in January shows that Foulad has been able to increase its production in this month compared to December.

In this way, the production tonnage of Mobarakeh steel reached 692 thousand tons in December with an increase of 6.63% from 649 thousand tons in December. Of course, this figure has decreased by 2.8% compared to January of last year. It should be mentioned that the tonnage of steel production was recorded at 712 thousand tons in December of last year.

The sales amount of Mobarakeh steel increased

Reviewing the monthly activity report of Mobarakeh Steel shows that this company was able to increase its sales figures in December this year compared to December this year and December last year. In a way, this number has experienced a jump of 27.2% compared to December 1402 and an increase of 8.2% compared to December of last year.

In this way, the sales tonnage of Mobarakeh Steel has reached 687 thousand tons in January this year. This is despite the fact that the sales figure of steel last month was 540,000 tons

Mobarakeh steel's monthly income increased

As it was said, Mobarakeh Steel managed to increase its sales in December this year compared to November and December 2022. This issue caused the company's monthly income to increase compared to the two mentioned periods. So that the income of Foulad increased by 17.6% compared to December and by 62.4% compared to January of last year. In this way, the sales amount of Mobarake steel in December reached 18,582 billion tomans.

The increase in the monthly income of steel occurred while the sales rate of steel in January decreased by 7.5% compared to December and reached 27 million tomans per ton.

This means that this month Foulad was able to remove the threat of sales rate and increase its income by increasing sales tonnage.