16.7 Million Tons of Steel Ingots Produced
Iran produced 16.7 million tons steel ingots during the last Iranian year (ended 19 March), Iranian Steel Producers Association announced.
Iranian Steel Producers Association announced that country’s steel producer firms during the last Iranian year (ended 19 March) produced 16 million and 708 thousand tons crude steel which compared to the preceding year (18 million and 805 thousand tons) decreased 0.57 percent.
Also, during the mentioned period 15 million and 284 thousand tons steel products (Girder, Rebar, Steel sheets, other steel products) were produced.
Regarding to the weak demand of the market, steel producers compared to the preceding year (ended 20 March 2015) reduced their production about 7 percent.
In the last month of the preceding year (from 20 February to 19 March 2016) steel producer firms produced 1million and 337 thousand tons crude steel and 1 million and 237 thousand tons steel products which compared to the same time of the preceding year increased 1.2 percent and decreased 2 percent respectively.
source: imidro
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