Iran annual iron ore pellet production up

Iran produced 26.7 million tons of iron ore pellets during the last Iranian year (ended March 20), to register a 49-percent growth compared with the preceding year’s corresponding period.

According to the Iranian Mines and Mining Industries Development and Renovation Organization’s (IMIDRO) latest report, Golgohar Mining and Industrial Complex accounted for 11.706 million tons of the total output, followed by Middle East Mines and Mining Industries Development Holding Company with 4.94 million tons, Opal Parsian Sangan with 3.65 million tons, Chadormalu Mining and Industrial Complex, with 3.557 million tons, and Sangan Co. (SMIC), with 2.866 million tons.

The country also produced 1.856 tons of iron ore pellets during February 20-March 20, the report added.

Iran ranked 10th among crude steel producers last year, with 25 million tons of production, according to figures released by World Steel Association (WSA) in January.

The statistics show a 17.72-percent rise for Iran compared to the corresponding figure of 2017, which stood at 21.24 million tons.

Iran was the 14th steelmaker of the world in 2017.

According to a WSA report, China topped the list of crude steel producers in 2018, with 928.26 million tons.

According to the Islamic Republic’s Vision Plan, the country’s total steel production capacity is to hit 55 million tons a year by 2025, with exports figure expected to reach 10-15 million tons.

The World Steel Association (WSA) is one of the largest and most dynamic industry associations in the world. WSA members represent approximately 85 percent of the world’s steel producers, including over 150 steel producers, with nine of the 10 largest steel companies, national and regional steel industry associations and steel research institutes.

source: Iran Daily