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Consumption of steel products in Iran grows

Business Materials 20 May 2021 14:38 (UTC +04:00)
Consumption of steel products in Iran grows

BAKU, Azerbaijan, May 20

By Elnur Baghishov – Trend:

Iran consumed about 2.24 million tons of raw steel over the 1st month of the current Iranian year (March 21 through April 20, 2021), Trend reports citing the Iranian Steel Producers Association (ISPA).

According to the statistics, this is an increase of 7 percent compared to the same month last Iranian year.

"So, 2.1 million tons of raw steel was consumed in Iran in the same month of last Iranian year," the statistics said.

Furthermore, more than 1.52 million tons of steel products were consumed in Iran within the first month, which is an increase of 8 percent compared to the same month last Iranian year, the statistics said.

Table for consumption of raw steel products:

Products

Consumption (in tons)

The 1st month of current Iranian year (Mar. 21 through Apr. 20, 2021)

The 1st month of last Iranian year (Mar. 20 through Apr.19, 2020)

Percentage change

Billet and bloom

1.1 million

1.1 million

0

Slab

1.1 million

966,000

14

Total

2.24 million

2.1 million

7

Table for consumption of steel products:

Products

Consumption (in tons)

The 1st month of current Iranian year (Mar. 21 through Apr. 20, 2021)

The 1st month of last Iranian year (Mar. 20 through Apr.19, 2020)

Percentage change

Hot rolled steel sheet

789,000

795,000

-1

Cold rolled steel sheet

222,000

210,000

6

Galvanized steel

113,000

71,000

59

Table for consumption of long steel products:

Products

Consumption (in tons)

The 1st month of current Iranian year (Mar. 21 through Apr. 20, 2021)

The 1st month of last Iranian year (Mar. 20 through Apr.19, 2020)

Percentage change

Steel poles

92,000

83,000

11

Fittings

558,000

454,000

23

Steel angle

57,000

53,000

8

Total

707,000

590,000

20

According to the statistics, Iran consumed 2.95 million tons of sponge iron during the first month of current Iranian year. This is an increase of 13 percent compared to the same month last Iranian year. So, 2.6 million tons of sponge iron were consumed in Iran in the same month last Iranian year.

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