Iran: Finished steel output rose by 10% y-o-y in the last fiscal
Iranian Steel Producers Association (ISPA) has recently released the production statistics of the steel mills of Iran. Key highlights are-
- Finished steel increased by 10% y-o-y to 22.08 mn t. Mobarakeh remained the largest steel producer.
- Production of flat steel increased by 7% to 10.5 mn t and that of longs rose by 13% to 11.6 mn t.
- Semi-finished steel accounted for 30.25 mn t of the total output, up by 11% y-o-y.
Note: This intel is correction to yesterday's published intel in which steel output was 52.33