Iran: Semi-finished steel production of major mills up 7% y-o-y

According to the Iranian Mines and Mining Industries Development and Renovation Organization (IMIDRO) data, the steel output (semi-finished & finished) of the major steel producers of Iran, during the first five months of the current Iranian year (20 Mar-20 Aug’20) stood at 15.24 mn t.

In the fifth month, the semi-finished and finished steel production stood at 1.76 mn t (up, 2% y-o-y) and 1.21 mn t (up, 4% y-o-y).

Semi-finished steel output of Iran’s major steel producers in the first five months of the current Iranian year

 Mobarakeh continues to retain the top spot in the finished steel production

 The production of semi-finished steel has registered a 7% y-o-y growth to reach 9.24 mn t, while finished steel output recorded at 6 mn t, up by 2% y-o-y, during the first five months.

~Inputs from Financial Tribune


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