Iron and Steel

17% increase in Iran`s steel production in the first four months of the year

17% increase in Iran`s steel production in the first four months of the year
Mining News Pro - The country`s crude steel production grew by 17% during the first four months of this year. Meanwhile, steel imports dropped dramatically during this period.
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According To Mining News Pro -The Steel Association of Iran produced 8 million and 279 thousand tons of crude steel from the beginning of April to the end of March. This figure was more than 7 million and 62 thousand tons in the same period of 2017.

In addition, during the first four months of this year, 6 million and 983 thousand tons of steel products were manufactured in the country (cord, beam, widescreen, rebar, hot plate, cold sheet, coated sheet, etc.). Compared to the production The same period of 2017 (6 million and 339 thousand tons), indicating a growth of 10%.

Also, during the four months, 8 million and 602 thousand tons of sponge iron were produced, which is 19 percent higher than the same period last year (7,245 thousand tons).

According to the report, during the mentioned period, 2 million and 487 thousand tons of ingots and 898 thousand tons of all kinds of steel products were exported, which is 16 times more than in the same period last year (2,138 thousand tons of ingots and 414 thousand tons of steel products) Percent and 117% growth.

In addition, 285,000 tons of sponge iron were exported during the same period, up from a year earlier (304,000 tons), suggesting a 6 percent drop in exports of this product.

Also, during the first four months of this year, 16 thousand tons of crude steel and 370 thousand tons of all steel products entered the country, which is 167 percent and 51 percent, respectively, as compared to the same period last year (6 thousand tons of crude steel and 761 thousand tons of steel products) Percent decrease.


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