Iran’s steel production has registered a Y-o-Y growth 6.43% during the first six months of the current Persian year (March 21-Sept. 22). The country’s steel production was recorded at 23.26 MnT (including small-scale as well as heavyweight producers) during the first six months of the current Persian year (March 21-Sept. 22) .According to the Iranian Steel Producers Association’s latest report, semi-finished steel made up 13.08 MnT of the total output, up 6% Y-o-Y.
As for finished steel, output increased by 8% Y-o-Y to 10.17 MnT.
MSC finished steel production up 3% – Mobarakeh Steel Company (MSC) had the largest share of steel production during the period under review. The company produced 4.34 MnT of finished steel during the period, up 3% Y-o-Y.
Esfahan Steel Company (ESCO) stood the second largest finished steel producer during the period under review with 1.13 MnT and has registered the 5% Y-o-Y growth.
Oxin Steel Company has booked the 14% Y-o-Y growth and stood third in finished steel production with 421,914 MT.
Below are the major finished steel producers of Iran, during the period under review.
| Company Name | Finished steel Production in MTin H1 Persian Year | Y-o-Y Growth |
| Mobarakeh Steel Company | 4,334,000 | +3% |
| Esfahan Steel Company | 1,113,000 | +5% |
| Oxin Steel Company | 421,914 | +14% |
| Khorasan Steel Company | 321,033 | +18% |
| Azarbaijan Steel Company | 165,661 | +13% |
| IASCO (Rebar) | 138,011 | +14% |
| IASCO (Other Products) | 17,238 | +342% |
| Bonab Steel Company (Beams) | 906 | – |
| Bonab Steel Company (Rebar) | 132,346 | +132% |
| Bonab Steel Company (Other Products) | 1,641 | -54% |
| Chaharmahal-Bakhtiari Automotive Sheet Company | 123,359 | +6% |
| Ahvaz Rolling and Pipe Manufacturing Company | 105,000 | +22% |
| INSIG (Rebar) | 44,347 | +281% |
| INSIG (Beams) | 14,818 | – |
| INSIG (Pipes) | 5,594 | +95% |
MSC remained the largest semi finished steel producer – MSC remained the largest semi finished steel producer at 4.72 MnT. Following MSC in this category was KSC with 1.9 MnT (unchanged YOY), followed by ESCO with 1.2 MnT (up 7% YOY), South Kaveh Steel Company with 590,515 tons (up 23% YOY).
~ Inputs From Financial Tribune
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