Iran: DRI Production Surge by 19% in Current Persian Year

Iran, one of the largest DRI producer in world has produced 10,688,000 MT DRI during the first five months of Persian year (21 Mar-22 Aug’18). The nation reportedly witnessed a growth of 19% Y-o-Y in production of DRI against 9,011,000 MT produced in last year.

Major DRI producers during the period were

Mobarekah Steel was the largest producer of DRI. The company produced 2,996,007 MT DRI, registered a downfall of 3% Y-o-Y.

Khouzestan Steel was the second largest DRI producer with production of 1,518,749 MT DRI, registered a downfall of -12% Y-o-Y.

Other major producers includes HOSCO (748,547 MT), South Kaveh Steel (637,592 MT), Khorasan Steel (529,841 MT) and Saba Steel (465,373 MT).

Billet and Bloom Production Increases by 24% Y-o-Y

Iran produced 5,635,000 MT of billet and bloom in first five months of current Persian year. Production was up by 24% Y-o-Y against 4,553,000 MT produced by nation in last year.

Khouzestan Steel Company was the largest producer of billet and bloom, the company produced 874,885 MT of billet and bloom during the period, registered a downfall of 14% Y-o-Y.

Esfahan Steel Company was the second largest producer of billet and bloom, the company produced 942,837 MT bloom in current Persian year, registered a growth of 2% Y-o-Y.

Khorasan Steel was the third largest producer of billet and bloom, followed by South Kaveh Steel, Chadormalu and Iran Alloy Steel Company with production of 402,336 MT billet, 438,029 MT billet, 357,427 MT billet and 172,286 MT bloom.

Iran Slab Production by Major Companies Increases by 17% Y-o-Y

Iran produced 4,707,000 MT of slab during the current Persian year, the nation reportedly produced 17% more than last Persian year which was noted to be 4,036,000 MT.

Mobarekah Steel Company was the largest producer of Slab during the current Persian year. The company produced 2,792,955 MT during the period, registered a growth of 7% Y-o-Y.

Khouzestan Steel was the second largest producer of slab in the nation during the period. The company produced 717,817 MT of slab during the period, registered a growth of 32% Y-o-Y.

Hormozgan Steel, a subsidiary of MSC, was the third largest producer of slab in current Persian year, followed by Saba Steel. The companies produced 625,033 MT and 526,997 MT respectively with growth of 8% and 99% Y-o-Y respectively.