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Iran’s aluminum ingots output stepping downhill

Business Materials 21 December 2023 02:13 (UTC +04:00)
Elnur Baghishov
Elnur Baghishov
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BAKU, Azerbaijan, December 21. Iran's aluminum ingots output decreased by 0.13 percent in the first eight months of the current Iranian year (March 21 through November 21, 2023), compared with the same period last year, Trend reports.

As indicated in data from the Iranian Mines and Mining Industries Development and Renovation Organization (IMIDRO), four Iranian aluminum companies produced 419,574 tons of aluminum ingots during 8 months.

In the corresponding period of the previous Iranian year, the country’s aluminum ingot production stood at 420,104 tons.

Over the course of eight months, Iran's South Aluminum Corporation (SALCO) produced 186,774 tons of aluminum ingots; the Iranian Aluminum Company produced 113,904 tons; the Al-Mahdi Aluminum Company produced 94,830 tons; and the Iran Alumina Company produced 24,066 tons.

During the 8th month alone (October 23 through November 21, 2023), the mentioned four companies produced 52,482 tons of aluminum ingots, representing a 0.66 percent drop compared to 52,830 tons in the same period last year.

At the same time, Iran Alumina Company produced 152,293 tons of aluminum oxide and 364,127 tons of bauxite for 8 months.

On average, Iran's annual aluminum ingot production capacity is about 700,000 tons.

Meanwhile, 632,166 tons of aluminum ingots were produced by four Iranian aluminum companies over the last Iranian year (March 21, 2022 through March 20, 2023), which is an increase of 12.9 percent compared to the preceding year (March 21, 2021 through March 20, 2022).

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