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Iran eyes decrease in production of raw steel, steel products

Business Materials 14 November 2021 14:01 (UTC +04:00)

BAKU, Azerbaijan, Nov. 14

By Elnur Baghishov – Trend:

Iran's raw steel production amounted to about 15.8 million tons during the first seven months of the current Iranian year (from March 21 through October 22, 2021), which is a decrease of 11 percent, compared to the same period last Iranian year, Trend reports via the report of Iranian Steel Producers Association (ISPA).

Meanwhile, in the first 7 months of the last Iranian year (from March 20 through October 21, 2020), Iran produced 17.7 million tons of raw steel.

"Furthermore, 11 million tons of steel products were produced in Iran over 7 months. This is a decrease of 8 percent, compared to the same period last Iranian year. So, the figure stood at 11.9 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 seven months of the current Iranian year (from Mar. 21 through Oct. 22, 2021)

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

Percentage change

Billet and bloom

9.32 million

10.9 million

-15

Slab

6.44 million

6.75 million

-5

Total

15.8 million

17.7 million

-11

Table for production of all steel products:

Product

Whole production (tons)

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

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

Percentage change

Hot rolled steel sheet

4.66 million

5.28 million

-12

Cold rolled steel sheet

1.41 million

1.59 million

-12

Galvanized steel

860,000

908,000

-5

Table for production of long steel products:

Product

Whole production (tons)

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

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

Percentage change

Steel poles

679,000

748,000

-9

Fittings

5.13 million

5.27 million

-3

Steel angle

469,000

469,000

0

Total

6.28 million

6.49 million

-3

According to the statistics, Iran produced 17.4 million tons of sponge iron within the first seven 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 18.1 million tons in the same period last Iranian year.

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