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Iran records decline in manufacturing of raw steel, steel products

Business Materials 14 March 2022 18:01 (UTC +04:00)
Iran records decline in manufacturing of raw steel, steel products
Elnur Baghishov
Elnur Baghishov
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BAKU, Azerbaijan, March 14

Trend:

Iran's raw steel production amounted to about 25.3 million tons, during the first 11 months of the current Iranian year (from March 21, 2021 through February 19, 2022), which is a decrease of 9 percent, compared to the same period last Iranian year, Trend reports via the report of Iranian Steel Producers Association (ISPA).

Meanwhile, in the first 11 months of the last Iranian year (from March 20, 2020 through February 18, 2021), Iran produced 27.7 million tons of raw steel.

"Furthermore, 18 million tons of steel products were produced in Iran over 11 months. This is a decrease of 5 percent, compared to the same period last Iranian year. So, the figure stood at 19 million tons in the same period last Iranian year," the statistics said.

Table for production of raw steel products:

Product

Overall production (tons)

First 11 months of the current Iranian year (Mar. 21, 2021 through Feb. 19, 2022)

First 11 months of the last Iranian year (Mar. 20, 2020 through Feb. 18, 2021)

Percentage change

Billet and bloom

15.1 million

17.3 million

-13

Slab

10.2 million

10.4 million

-2

Total

25.3 million

27.7 million

-9

Table for manufacturing of all steel products:

Product

Entire production (tons)

First 11 months of the current Iranian year (Mar. 21, 2021 through Feb. 19, 2022)

First 11 months of the last Iranian year (Mar. 20, 2020 through Feb. 18, 2021)

Percentage change

Hot rolled steel sheet

7.59 million

7.99 million

-5

Cold rolled steel sheet

2.35 million

2.38 million

-1

Galvanized steel

1.38 million

1.43 million

-3

Table for manufacturing of long steel products:

Product

Entire production (tons)

First 11 months of the current Iranian year (Mar. 21, 2021 through Feb. 19, 2022)

First 11 months of the last Iranian year (Mar. 20, 2020 through Feb. 18, 2021)

Percentage change

Steel poles

1.13 million

1.16 million

-3

Fittings

8.43 million

8.75 million

-4

Steel angle

752,000

757,000

-1

Total

10.3 million

10.7 million

-3

According to the statistics, Iran produced about 27.5 million tons of sponge iron within the first 11 months of the current Iranian year.

This is a decrease of 1 percent compared to the same period last Iranian year. So, this figure stood at 27.8 million tons in the same period last Iranian year.

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