Iran’s steel output stood was recorded at 43.28 MnT during the first 11 months of the current Iranian year (21 Mar’19 – Feb’20) to register a Y-o-Y rise of 7.96%. The figure includes both semi-finished and finished steel output.
— According to the Iranian Steel Producers Association’s latest report, semi-finished steel made up 24.93 MnT of the total output, up 10% Y-o-Y. Billet and bloom production was recorded at 15.33 MnT while that of slab was at9.59MnT to register an 18% Y-o-Y rise and 1%Y-o-Y decline respectively. Direct-reduced iron production stood at 25.44 MnT during the 11-month period, indicating an 5% rise Y-o-Y.
— Meanwhile, finished steel output was recorded at 18.35 MnT to book a Y-o-Y growth of 5%
— Long steel products had the major share in finished steel production with 9.25 MnT, up 6% Y-o-Y. Rebar had the major share in the category with 7.48 MnT (up 5% Y-o-Y
— While, flat steel production reached 9.09 MnT by posting a 5% Y-o-Y rise. HRC production was recorded at 7.51 MnT by registering a Y-o-Y growth of 3%
|
Category |
Commodity | Sub Commodity | Production in MnT | Y-o-Y Change in % |
| Semi-Finished Steel | Billet & Bloom | – | 15.33 | +18% |
| Slab | 9.59 | -1% | ||
| Total | 24.93 | +10 | ||
| Finished Steel | Long | Rebar | 7.48 | +5% |
| Beam | 1.03 | +8% | ||
| L, T and other Beam Types | 0.73 | +13% | ||
| Total | 9.25 | +6% | ||
| Flat | HRC | 7.51 | +3% | |
| CRC | 2.39 | +2% | ||
| Coated Coil | 1.57 | +24% | ||
| Total | 9.09 |
+5% |
||
~Inputs from Financial Tribune
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