The country has registered a Y-o-Y growth of 6.43% by producing a total of 23.26 MnT of semi-finished and finished steel products during the first half of the current Iranian year (March 21-Sept. 22)
According to the Iranian Steel Producers Association’s latest report, semi-finished steel production was recorded at 13.08 MnT, up 6% Y-o-YBillet and bloom made up 7.67 MnT of semi-finished production; while slab output hit 5.41 MnT to register a 13% Y-o-Y rise and a 3% decline respectively.
About finished steel, the production was recorded at 10.17 MnT to book a Y-o-Y growth of 8%.
With 5.26 MnT, the flat steel products has the majority share in finished steel production and has registered a Y-o-Y growth of 7%. HRC production was recorded at 4.41 MnT in the category, up 5%, Y-o-Y, followed by CRC with 1.3 MnT (up 5% Y-o-Y) and coated coil with 817,000 MT (up 7% Y-o-Y).
With output of 4.9 MnT long steel products booked a 9% Y-o-Y rise. Rebar had a major share with 3.95 million tons (up 8% YOY), followed by beams with 536,000 MT (up 19% Y-o-Y) and L-beam, T-beam and other types with 411,000 MT (up 2% Y-o-Y)
KSC continues to remain Iran’s largest steel exporter –With a total of 1 MnT of exports in H1 and 113,835 MT in the sixth fiscal month (Aug. 23-Sept. 22), Khouzestan Steel Company was Iran’s biggest steel exporter during the period under reviewThe mill experienced a Y-o-Y decline of 16% in exports during first six months of current Persian year, but has registered a growth of 30% in the sixth month, latest data released by the Iranian Mines and Mining Industries Development and Renovation Organization show.
Mobarakeh Steel Company registered itself as the second biggest exporter by shipping out 752,885 tons of products during the six months under review, up 13% compared with last year’s corresponding period. During the sixth fiscal month, the company exported 159,811 MT to register a staggering 160% Y-o-Y rise.
Esfahan Steel Company (ESCO) ranked third as it exported 567,215 MT during the six months, unchanged compared with last year’s corresponding period. During the sixth month, the company exported 102,875 MT to register a Y-o-Y decrease of 1%.
| Company Name | Exports in MT in H1 Persian Year | Y-o-Y Growth |
| Khouzestan Steel Company | 1,000,000 | -16% |
| Mobarakeh Steel Company | 752,885 | +13% |
| Esfahan Steel Company | 567,215 | = |
| South Kaveh Steel Company (Billet) | 409,100 | +45% |
| Chadormalou Mining and Industrial Company | 124,498 | – |
| Hormozgan Steel Company (Slabs) | 370,018 | -11% |
| Khorasan Steel Company (Bloom) | 127,149 | +41% |
| Khorasan Steel Company (Rebar) | 4,491 | -90% |
| South Kaveh Steel Company (DRI) | 54,960 | +36% |
| Iran Alloy Steel Company (Rebar) | 30,548 | -15% |
| Saba Steel Company (hot-briquetted iron) | 24,987 | -16% |
| Bonab Steel Company (Rebar) | 21,190 | +1219% |
~ Inputs from Financial Tribune
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