Crude steel Output Rises 13% in 10 Months/Steel Products Exports Up 102%

Major Iranian steelmakers produced 20.6 million tons of crude steel in the first ten-month of the current Iranian year (March21,2018- Jan20, 2019), indicating a 13% rise compared with last year’s corresponding period. Likewise, major Iranian steelmakers produced an aggregate of 17,572,000 tons of steel products in the first ten-month to register a 7% growth YOY. During the period under review, Major Iranian mining companies produced a total of 21,964,000 tons of DRI to register an 18% increase compared to the same period of previous year. Steel Products Exports Up 102% Iran exported 3.972 million tons of steel ingots and 2.396 tons of steel products during the first ten months of the current fiscal year (March 21,2018-Jan 20, 2019), indicating a 26 percent decrease and 102% growth compared with last year’s corresponding period. Moreover, during the period under review, Iran exported 503,000 tons of DRI to register an 11% decrease YOY. Likewise, crude steel and steel products imports during the same period stood at 27,000 tons and 881,000 tons indicating a 39% and 53% fall respectively year-on-year.source: IMIDRO

Crude steel Output Rises 13% in 10 Months/Steel Products Exports Up 102%

Steel Products Exports Up 102%

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