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Consumption of steel products in Iran enlarges

Business Materials 17 June 2021 13:54 (UTC +04:00)
Consumption of steel products in Iran enlarges

BAKU, Azerbaijan, June 17

By Elnur Baghishov – Trend:

Iran consumed about 4.64 million tons of raw steel during the first two months of the current Iranian year (from March 21 through May 21, 2021), Trend reports citing the Iranian Steel Producers Association (ISPA).

According to the statistics, this is an increase of 5 percent compared to the same period last Iranian year.

"So, 4.44 million tons of raw steel was consumed in Iran in the same period of last Iranian year," the statistics said.

Furthermore, more than 3.18 million tons of steel products were consumed in Iran within the two months, which is an increase of 3 percent compared to the same period last Iranian year, the statistics said.

Table for consumption of raw steel products:

Products

Consumption (in tons)

The first two months of the current Iranian year (from Mar. 21 through May 21, 2021)

The first two months of the last Iranian year (from Mar. 20 through May 20, 2020)

Percentage change (%)

Billet and bloom

2.69 million

2.51 million

7

Slab

1.95 million

1.93 million

1

Total

4.64 million

4.44 million

7

Table for consumption of steel products:

Products

Consumption (in tons)

The first two months of the current Iranian year (from Mar. 21 through May 21, 2021)

The first two months of the last Iranian year (from Mar. 20 through May 20, 2020)

Percentage change (%)

Hot rolled steel sheet

1.6 million

1.58 million

1

Cold rolled steel sheet

473,000

446,000

6

Galvanized steel

255,000

226,000

13

Table for consumption of long steel products:

Products

Consumption (in tons)

The first two months of the current Iranian year (from Mar. 21 through May 21, 2021)

The first two months of the last Iranian year (from Mar. 20 through May 20, 2020)

Percentage change (%)

Steel poles

181,000

185,000

-2

Fittings

1.21 million

1.16 million

5

Steel angle

117,000

105,000

11

Total

1.51 million

1.45 million

4

According to the statistics, Iran consumed 5.47 million tons of sponge iron over the first two months of the current Iranian year. This is a decrease of 1 percent compared to the same period last Iranian year. So, 5.53 million tons of sponge iron were consumed in Iran in the same period last Iranian year.

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