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Iran records decrease in production of raw steel, steel products

Business Materials 18 October 2021 16:45 (UTC +04:00)
Iran records decrease in production of raw steel, steel products

BAKU, Azerbaijan, Oct. 18

By Elnur Baghishov – Trend:

Iran's raw steel production amounted to about 13 million tons during the first six months of the current Iranian year (from March 21 through September 22, 2021), which is a decrease of 14 percent compared to the same period last Iranian year, Trend reports citing the Iranian Steel Producers Association (ISPA).

Meanwhile, in the first 6 months of the last Iranian year (from March 20 through September 21, 2020), Iran produced 15 million tons of raw steel.

“Furthermore, 9.28 million tons of steel products were produced in Iran over the 6 months. This is a decrease of 10 percent compared to the same period last Iranian year. So, the figure stood at 10.3 million tons in the same period last Iranian year,” the statistics said.

Table for production of raw steel products:

Product

Whole production (tons)

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

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

Percentage change

Billet and bloom

7.73 million

9.27 million

-17

Slab

5.25 million

5.75 million

-9

Total

13 million

15 million

-14

Table for production of all steel products:

Product

Whole production (tons)

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

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

Percentage change

Hot rolled steel sheet

3.9 million

4.57 million

-15

Cold rolled steel sheet

1.22 million

1.36 million

-11

Galvanized steel

731,000

766,000

-5

Table for production of long steel products:

Product

Whole production (tons)

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

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

Percentage change

Steel poles

566,000

626,000

-10

Fittings

4.35 million

4.54 million

-4

Steel angle

390,000

393,000

-1

Total

5.31 million

5.56 million

-4

According to the statistics, Iran produced 14.7 million tons of sponge iron within the first six months of the current Iranian year. This is a decrease of 5 percent compared to the same period last Iranian year. So, this figure stood at 15.5 million tons in the same period last Iranian year.

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