Iron and Steel

15% increase in steel production in the fourth quarter of 2018

15% increase in steel production in the fourth quarter of 2018
Mining News Pro - The production of steel ingots in major units of the country amounted to 6,228,699 tons in the first four months of this year, showing a 15% increase compared to the same period last year.
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According to Mining News Pro - Statistical tables The performance of major steel units of the country (Mobarakeh, Hormozgan, Saba, Khuzestan Steel, Zob Ahan, Alloy Steel, South Kaveh Steel, Khorasan Steel, Saman Chador Malu Project) shows that in the first four months of the last year, five million and 456 thousand and 221 tons Steel ingots (slabs, blooms and billet) were produced.

Official statistics from international sources indicate that Iran is among the 13 world-class producers of steel.

Iran`s steel production rose 25.8 percent in the first six months of 2018, according to the World Steel Association.

Iran`s steel production from January to June 2018 was 12 million and 516 thousand tons, which was 9 million and 947 thousand tons in the same period in 2017.

Iran also produced 2 million and 80 thousand tons of crude steel in June 2018, up 16.5 percent compared to the same period last year (one million 785 thousand tons).

In the 6th month of 2018, 64 countries produced 881 million and 455 thousand tons of crude steel, up 4.6 percent from the same period in 2017, which was 842 million and 360 thousand tons.

The largest steel producers include China (451 million and 157 thousand tons), Japan (52 million and 980 thousand tons), India (52 million and 831 thousand tons), the United States (41 million and 849 thousand tons), Russia (36 million and 66 thousand tons) and South Korea (36 million and 66 thousand tons).

The amount of steel products produced in the four months of 1997 reached 3, 718, and 329 tons, up 11 percent, compared to the first four months of this year, which amounted to 3,349,614 tons.

Last year, during the first 12 months, 19 million and 776 thousand tons of steel products were produced (warm sheets, rebar, beam, clasp, rails, billets, etc.). In comparison to the one-year period, 95 (18 million and 151 thousand tons) , Growing by 9%.

The units of the steel products that have been surveyed in this report are Mobarakeh Steel, Saba Steel, Steel, Azarbaijan Steel, Khorasan Steel, Alloy Steel, Ahwaz Rolling and Pipes, Auxin Steel and Fourth and Fourth Quarter Vehicle.

Also, in the fourth quarter of this year, steel bars (slabs) produced in Mobarakeh, Hormozgan and Saba Steel reached a total of 3,180,779 tons, up 14 percent from the same period last year.
The country`s average crude steel production reached 21.8 million tons last year, and it is expected that by the end of this year more than 24 million tons of crude steel will be produced.

According to the 1404 vision document, the Islamic Republic of Iran is planning to achieve a capacity of 55 million tons of steel and is expected to produce 50 to 52 million tons of crude steel, which is expected to export at least 15 million tons.

Last year, the exports of intermediate steel (crude) and related products amounted to eight million and 495 thousand tons, of which 6 million 872 thousand tons of crude steel.


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