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Iran sees increase in manufacturing of raw steel, steel products

Business Materials 21 May 2022 13:02 (UTC +04:00)
Iran sees increase in manufacturing of raw steel, steel products
Elnur Baghishov
Elnur Baghishov
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BAKU, Azerbaijan, May 21. Iran's raw steel production amounted to about 2.89 million tons, in the 1st month of current Iranian year (March 21 through April 20, 2022), which is an increase of 3 percent, compared to the same month Iranian year (March 20, 2020 through March 20, 2021), Trend reports via the report of Iranian Steel Producers Association (ISPA).

Meanwhile, in the same month Iranian year, Iran produced 2.8 million tons of raw steel.

"Furthermore, 1.83 million tons of steel products were produced in Iran within first month. This is an increase of 5 percent, compared to the same month last Iranian year. So, the figure stood at 1.75 million tons in the same month of last Iranian year," the statistics said.

Table for production of raw steel products:

Product

Overall production (tons)

First month of current Iranian (March 21 through April 20, 2022)

First month of last Iranian (March 21 through April 20, 2021)

Percentage change

Billet and bloom

1.67 million

1.67 million

0

Slab

1.22 million

1.13 million

8

Total

2.89 million

2.8 million

3

Table for manufacturing of all steel products:

Product

Entire production (tons)

First month of current Iranian (March 21 through April 20, 2022)

First month of last Iranian (March 21 through April 20, 2021)

Percentage change

Hot rolled steel sheet

857,000

794,000

8

Cold rolled steel sheet

208,000

205,000

1

Galvanized steel

114,000

124,000

-8

Table for manufacturing of long steel products:

Product

Entire production (tons)

First month of current Iranian (March 21 through April 20, 2022)

First month of last Iranian (March 21 through April 20, 2021)

Percentage change

Steel poles

113,000

108,000

5

Fittings

776,000

759,000

2

Steel angle

73,000

72,000

2

Total

962,000

939,000

2

According to the statistics, Iran produced more than 3.24 million tons of sponge iron within the first month of current Iranian year.

This is an increase of 3 percent compared to the same month of last Iranian year. So, this figure stood at 3.16 million tons in the same month of last Iranian year.

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