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Iran's raw steel production shrinks

Business Materials 7 September 2021 16:20 (UTC +04:00)
Iran's raw steel production shrinks

BAKU, Azerbaijan, Sept. 7

By Elnur Baghishov – Trend:

Iran's raw steel production amounted to about 10.8 million tons during the first five months of the current Iranian year (from March 21 through August 22, 2021), which is a decrease of 12 percent compared to the same period last Iranian year, Trend reports citing the Iranian Steel Producers Association (ISPA).

Meanwhile, in the first 5 months of the last Iranian year (from March 20 through July 21, 2020), Iran produced 12.3 million tons of raw steel, according to the statistics.

“Furthermore, 7.57 million tons of steel products were produced in Iran over the 5 months. This is a decrease of 11 percent compared to the same period last Iranian year. So, 8.54 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 five months of the current Iranian year (from Mar. 21 through Aug. 22, 2021)

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

Percentage change

Billet and bloom

6.94 million

7.61 million

-15

Slab

4.33 million

4.74 million

-9

Total

10.8 million

12.3 million

-12

Table for production of all steel products:

Product

Whole production (tons)

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

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

Percentage change

Hot rolled steel sheet

3.23 million

3.8 million

-15

Cold rolled steel sheet

1.02 million

1.14 million

-10

Galvanized steel

618,000

619,000

  • 0.1

Table for production of long steel products:

Product

Whole production (tons)

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

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

Percentage change

Steel poles

454,000

509,000

-11

Fittings

3.52 million

3.77 million

-7

Steel angle

324,000

332,000

-2

Total

4.29 million

4.61 million

-7

According to the statistics, Iran produced 12.3 million tons of sponge iron within the first five months of the current Iranian year. This is a decrease of 4 percent compared to the same period last Iranian year. So, this figure stood at 12.9 million tons in the same period last Iranian year.

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