Iran’s crude steel output decreases slightly
Baku, Azerbaijan, Nov. 1
By Umid Niayesh - Trend:
Over 8.202 million tons of crude steel was produced in Iran during the first half of the current Iranian fiscal year (March 21- Sept. 22), 1.8 percent less year on year.
A major raw steel producer of Iran, Mobarakeh Steel Company shared 2.72 million tons of country's steel output during the period, followed by the Khuzestan Steel Company with 1.723 million, the Isfahan Foundry with 1.173 million, Iranian Mines and Mining Industries Development and Renovation Organization (IMIDRO) said Nov. 1.
Iranian companies also produced 8.177 million tons of steel products during the 6-month period.
The figure indicates a fall by 7.5 percent compared to the same months of last year.
The Iranian administration plans to produce 18 million tons of crude steel by the end of current fiscal year (March 2016).
Over 16.805 million tons of crude steel was produced in Iran during the last Iranian fiscal year (ended on March 20), 7.4 percent more compared to the preceding year.
The Islamic Republic's crude steel output reached 16.33 million metric tons in 2014, which made the country 14th major crude steel producer in the world.
Iran's crude steel production amounted for 15.421 million metric tons in 2013, which was 6.6 percent more than its preceding year.
Iran was the world's 15th biggest producer of steel in 2013.
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