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» » Nine-month steel output nears 14m tons
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Nine-month steel output nears 14m tons

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Iranian steelmakers produced 13.83 million tons of steel ingots in the nine months to December 20, 2016 which indicates a growth of 10 percent compared to the figure for the same period in 2015 which was 12.59 million tons.

 

According to Iranian Mines and Mining Industries Development and Renovation Organization (IMIDRO), the leading Iranian steel manufacturers were Mobarakeh Steel Complex, Saba Steel Company, Hormuzgan Steel Complex with total output of 5.51 million tons. The outputs of Khouzestan Steel Complex and Esfahan Steel Company during the period recorded 2.68 million tons and 1.71 million tons respectively.

The organization further reported that 13.44 million tons of steel products, including steel coil, beam, wide plate, round bar, hot rolled steel, pipe and galvanized steel, were produced in the nine-month period.

Iranian companies exported 1.52 million tons of steel products as well as 2.56 million tons of steel ingots during the period, the report added.

According to recent data released by World Steel Association (WSA), Iran produced 16.435 million tons of crude steel in the first 11 months of 2016, showing a rise of 10.97 percent against the figure for the same period of 2015, which was 14.81 million tons.

In November, Iran's estimated crude steel production was announced at 1.585 million tons showing a decline of 3.35 percent compared to the against the figure for October, which was 1.640 million tons.

 

Iran-Minister-Oil-Steel-Crude-Produce-Import-Export-Trade-MBN-Economy

 

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