Iran, one of the largest DRI producer in world has produced 15,199,000 MT DRI during the first seven months of Persian year (21 Mar-22 Oct’18) as per the data released by ISPA. The nation reportedly witnessed a growth of 21% Y-o-Y in production of DRI against 12,590,000 MT produced in last year.
Major DRI producers during the period were
Mobarekah Steel was by far the largest manufacture of DRI in Iran during the current Persian year, the company produced 4,311,256 MT DRI. Production was constant during the period.
Khouzestan Steel was the second largest DRI producer during the current Persian year. The company produced 2,173,247 MT DRI in current year by registering a downfall of 10% Y-o-Y.
Other major producers includes HOSCO (1,004,778 MT), South Kaveh Steel (887,657 MT), Khorasan Steel (772,895 MT) and Saba Steel (701,978 MT).
Billet and Bloom Production Increases by 22% Y-o-Y
Iran produced 7,968,000 MT of billet and bloom in first seven months of current Persian year. Production was up by 22% Y-o-Y against 6,521,000 MT produced by nation in last year.
Esfahan Steel Company was the largest producer of billet and bloom in current Persian year. The company produced 1,283,185 MT bloom in current Persian year, by registering a downfall of 4% Y-o-Y.
Khouzestan Steel Company was the second largest producer of billet and bloom in current Persian year, the company produced 934,568 MT of billet and bloom during the period, registered a downfall of 1% Y-o-Y.
Khorasan Steel was the third largest producer of billet and bloom, followed by South Kaveh Steel and Chadormalu with production of 603,688 MT billet, 577,786 MT billet and 494,751 MT.
Iran Slab Production by Major Companies Increases by 13% Y-o-Y
Iran produced 6,486,000 MT of slab during the current Persian year, the nation reportedly produced 13% more than last Persian year which was noted to be 5,728,000 MT.
Mobarekah Steel Company was the largest producer of Slab during the current Persian year. The company produced 3,940,498 MT during the period, registered a growth of 6% Y-o-Y.
Khouzestan Steel was the second largest producer of slab in the nation during the period. The company produced 890,283 MT of slab in current Persian year, registered a growth of 16% Y-o-Y.
Hormozgan Steel, a subsidiary of MSC, was the third largest producer of slab in current Persian year, followed by Saba Steel. The companies produced 855,991 MT and 733,038 MT respectively with growth of 6% and 90% Y-o-Y respectively.
Inputs taken from Chilan and Commodities
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