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Consumption of steel products in Iran increases

Business Materials 24 January 2021 11:40 (UTC +04:00)

BAKU, Azerbaijan, Jan. 24

By Elnur Baghishov – Trend:

Iran consumed about 18.6 million tons of raw steel over the first nine months of the current Iranian year (March 20 through December 20, 2020), Trend reports citing the Iranian Steel Producers Association (ISPA).

According to the statistics, this is an increase of 20 percent compared to the same period last Iranian year.

"So, 15.4 million tons of raw steel was consumed in the same period last Iranian year," the statistics said.

Furthermore, 14 million tons of steel products were consumed in Iran within 9 months, which is an increase of 21 percent compared to the same period last Iranian year.

Products

Consumption (in tons)

First nine months of the current Iranian year (Mar. 20 through Dec. 20, 2020)

First nine months of the last Iranian year (Mar. 21 through Dec. 21, 2019)

Percentage change

Steel poles

841,000

684,000

23

Fittings

5.9 million

4.46 million

33

Steel angle

504,000

458,000

10

Long steel products

7.25 million

5.6 million

30

Hot rolled steel sheet

6.48 million

5.9 million

10

Cold rolled steel sheet

2.18 million

1.97 million

11

Galvanized steel

1.31 million

1.28 million

2

Steel Rollers

6.75 million

5.95 million

13

All steel products

14 million

11.6 million

21

Billet and bloom

10.8 million

8.89 million

22

Slab

7.73 million

6.5 million

19

Raw steel

18.6 million

15.4 million

20

Sponge steel

22.9 million

20.6 million

11

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