During the first month of the current Iranian year (20 Mar’20 – 19 Apr’20), Iran’s steel output for finished and semi-finished products stood at 3.85 MnT to register a Y-o-Y decline of 2.21%. Production volumes have come down owing to the COVID-19 outbreak.
According to the Iranian Steel Producers Association’s latest report the production of semi-finished steel and finished steel were recorded as 2.32 MnT (up 2% Y-o-Y) and 1.53 MnT (down 8% Y-o-Y) respectively.
Meanwhile, Direct-reduced iron production stood at 2.62 MnT during the period under consideration, indicating a 3% Y-o-Y rise.
Below table shows the commodity-wise production figures
| Category | Commodity | Sub Commodity | Production in MnT | Y-o-Y Change in % |
| Semi-Finished Steel | Billet & Bloom | – | 1,280,000 | -4% |
| Slab | 1,030,000 | +12% | ||
| Total | 2,320,000 | +2% | ||
| Finished Steel | Flat | HRC | 786,000 | = |
| CRC | 197,000 | -5% | ||
| Coated Coils | 73,000 | -47% | ||
| Total | 874,000 | -3% | ||
| Long | Rebar | 520,000 | -12% | |
| Beam | 85,000 | -22% | ||
| L, T and other Beam Types | 55,000 | -13% | ||
| Total | 660,000 | -13% | ||
~Inputs from Financial Tribune
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