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Iran sees decrease in steel production

Business Materials 12 August 2021 11:06 (UTC +04:00)
Iran sees decrease in steel production

BAKU, Azerbaijan, Aug. 12

By Elnur Baghishov – Trend:

Iran's raw steel production amounted to about 9.57 million tons during the first four months of the current Iranian year (from March 21 through July 22, 2021), which is a decrease of 4 percent compared to the same period last Iranian year, Trend reports citing the Iranian Steel Producers Association (ISPA).

While in the first 4 months of the last Iranian year (from March 20 through July 21, 2020), Iran produced 10 million tons of raw steel, according to the statistics.

“Furthermore, 6.47 million tons of steel products were produced in Iran over the 4 months. This is a decrease of 6 percent compared to the same period last Iranian year. So, 6.86 million tons of steel products were produced in Iran in the same period last Iranian year,” the statistics said.

Table for production of raw steel products:

Product

Whole production (tons)

The first four months of the current Iranian year (from Mar. 21 through July 22, 2021)

The first four months of the last Iranian year (from Mar.20 through July 21, 2020)

Percentage change

Billet and bloom

5.78 million

6.1 million

-5

Slab

3.79 million

3.92 million

-3

Total

9.75 million

10 million

-4

Table for production of all steel products:

Product

Whole production (tons)

The first four months of the current Iranian year (from Mar. 21 through July 22, 2021)

The first four months of the last Iranian year (from Mar.20 through July 21, 2020)

Percentage change

Hot rolled steel sheet

2.76 million

3.05 million

-10

Cold rolled steel sheet

826,000

904,000

-9

Galvanized steel

493,000

470,000

5

Table for production of long steel products:

Product

Whole production (tons)

The first four months of the current Iranian year (from Mar. 21 through July 22, 2021)

The first four months of the last Iranian year (from Mar.20 through July 21, 2020)

Percentage change

Steel poles

374,000

413,000

-9

Fittings

3 million

3.02 million

-1

Steel angle

283,000

261,000

8

Total

3.66 million

3.7 million

-1

According to the statistics, Iran produced 10.6 million tons of sponge iron within the first four months of the current Iranian year. This shows that there are no changes compared to the same period last Iranian year.

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