Iran: Billet production increases 7% y-o-y during H1 Persian year

The billet production of Iran’s major steel producers, during the first half of the current Iranian year (20 Mar-20 Sep’20) has reached 11.2 mn t (up, 7% y-o-y). The pellet and sponge production of major companies have also booked a yearly rise of 9% and 8%, respectively. The pellet production has recorded at 22.8 mn t during the period under consideration