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Manufacturing of raw steel, steel products in Iran decreases

Business Materials 19 April 2022 17:33 (UTC +04:00)
Manufacturing of raw steel, steel products in Iran decreases
Elnur Baghishov
Elnur Baghishov
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BAKU, Azerbaijan, April 19. Iran's raw steel production amounted to about 27.9 million tons, over the last Iranian year (March 21, 2021 through March 20, 2022), which is a decrease of 8 percent, compared to the preceding Iranian year (March 20, 2020 through March 20, 2021), Trend reports via the report of Iranian Steel Producers Association (ISPA).

Meanwhile, in the preceding Iranian year, Iran produced 30.3 million tons of raw steel.

"Furthermore, 19.6 million tons of steel products were produced in Iran within last Iranian year. This is a decrease of 5 percent, compared to the preceding Iranian year. So, the figure stood at 20.8 million tons in the preceding Iranian year," the statistics said.

Table for production of raw steel products:

Product

Overall production (tons)

Last Iranian year (Mar. 21, 2021 through Mar. 20, 2022)

Preceding Iranian year (Mar. 20, 2020 through Mar. 20, 2021)

Percentage change

Billet and bloom

16.7 million

18.8 million

-11

Slab

11.2 million

11.4 million

-2

Total

30.2 million

27.9 million

-8

Table for manufacturing of all steel products:

Product

Entire production (tons)

Last Iranian year (Mar. 21, 2021 through Mar. 20, 2022)

Preceding Iranian year (Mar. 20, 2020 through Mar. 20, 2021)

Percentage change

Hot rolled steel sheet

8.3 million

8.83 million

-6

Cold rolled steel sheet

2.59 million

2.59 million

0

Galvanized steel

1.5 million

1.48 million

2

Table for manufacturing of long steel products:

Product

Entire production (tons)

Last Iranian year (Mar. 21, 2021 through Mar. 20, 2022)

Preceding Iranian year (Mar. 20, 2020 through Mar. 20, 2021)

Percentage change

Steel poles

1.22 million

1.25 million

-2

Fittings

9.15 million

9.52 million

-4

Steel angle

837,000

832,000

-3

Total

11.2 million

11.6 million

-3

According to the statistics, Iran produced about 30.3 million tons of sponge iron within the last Iranian year.

This is a decrease of 3 percent compared to the preceding Iranian year. So, this figure stood at 31.2 million tons in the same period last Iranian year.

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