During the first two months of the current Iranian year (20 Mar’20- 20 May’20), steel production of major Iranian mills has registered a y-o-y increase of 1.45% to reach 8.17 mn t, Iranian Steel Producers Association’s latest report shows. With 3.18 mn t of steel (1.46 mn t finished and 1.71 mn t semi-finished) production, Mobarakeh Steel Company stood as Iran’s largest steel producer.
Despite the COVID-19 outbreak, the semi-finished steel production of few companies have witnessed positive growth when compared with the corresponding period of the last Iranian year.
Finished steel output of Iran’s major steel producers in the first two months of the current Iranian year
| Company Name | Production in t | y-o-y Change |
| Mobarakeh Steel Company | 1,460,000 | -2% |
| Esfahan Steel Company | 385,595 | -3% |
| Azarbaijan Steel Company | 59,158 | +25% |
| Bonab Steel Company | 41,495 | -84% |
| IASCO | 128 | -96% |
Semi-finished steel output of Iran’s major steel producers in the first two months of the current Iranian year
| Company Name | Production in t | y-o-y Change |
| Mobarakeh Steel Company | 1,710,000 | +10% |
| Khouzestan Steel Company | 693,827 | +7% |
| Esfahan Steel Company | 379,123 | -10% |
| Khorasan Steel Company | 117,126 | -36% |
| Iran Alloy Steel Company | 45,012 | – |
Source: Financial Tribune
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