Iran's March-November Steel Production Exceeds 30 Million Tons

According to the latest report by the Iranian SteelManufacturers Association, Iran ’s output of finished and semi-finished steelproducts in the first eight months of 2019 (March 21-November 21, 2019) was30.98 million tons, a year-on-year increase of 5.82%.

Among them, the output of semi-finished steel products was17.42 million tons, a year-on-year increase of 5%. Among the semi-finishedsteel products, the output of billet was 10.25 million tons, an increase of 11%year-on-year; the output of slabs was 7.17 million tons, a decrease of 3%year-on-year.

The output of finished steel was 13.55 million tons, ayear-on-year increase of 7%. Among them, the output of slabs was 6.8 milliontons, which accounted for the largest proportion of finished steel output, anincrease of 4% year-on-year. The output of hot rolled coils was 5.71 milliontons, a year-on-year increase of 3%; the output of cold-rolled coils was 1.71million tons, a year-on-year increase of 4%; the output of coated coils was1.09 million tons, a year-on-year increase of 20%.

According to the latest data from the World SteelAssociation, Iran ’s crude steel output in the first 10 months of 2019 was 21.5million tons, a year-on-year increase of 6.2%, making it the world ’s tenthlargest steel producer.