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Iran boosts consumption of steel products

Business Materials 22 December 2020 10:51 (UTC +04:00)
Iran boosts consumption of steel products

BAKU, Azerbaijan, Dec. 22

By Elnur Baghishov – Trend:

Iran consumed about 16.8 million tons of raw steel over the first eight months of the current Iranian year (March 20 through November 20, 2020), Trend reports citing the Iranian Steel Producers Association (ISPA).

According to the statistics, this is an increase of 21 percent compared to the same period last Iranian year.

"So, 13.8 million tons of raw steel was consumed in the same period last Iranian year," the statistics said.

Furthermore, 13.5 million tons of steel products were consumed in Iran within 8 months, which is an increase of 18 percent compared to the same period last Iranian year.

Products

Consumption (in tons)

First eight months of the current Iranian year (Mar. 20 through Nov. 20, 2020)

First eight months of the last Iranian year (Mar. 21-Nov.20, 2019)

Percentage change

Steel poles

750,000

623,000

20

Fittings

5.08 million

3.92 million

29

Steel angle

448,000

445,000

1

Long steel products

6.27 million

4.99 million

26

Hot rolled steel sheet

5.89 million

5.4 million

9

Cold rolled steel sheet

1.96 million

1.71 million

15

Galvanized steel

1.14 million

1.12 million

2

Steel Rollers

6.13 million

5.42 million

13

All steel products

13.5 million

11.5 million

18

Billet and bloom

9.98 million

8.11 million

23

Slab

6.83 million

5.75 million

19

Raw steel

16.8 million

13.8 million

21

Sponge steel

20.3 million

17.8 million

14

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