Iron and Steel

Iran`s steel production & exports growth in the first two months of year

Iran`s steel production & exports growth in the first two months of year
Mining News- The country`s crude steel output increased by 21% in the first two months of this year. During this period, exports of this sector also increased.
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The Steel Association of Iran in May and May produced more than 4 million and 258 thousand tons of crude steel. This figure was 3 million 526 thousand tons in the same period last year.

In addition, in the first 2 months of this year, 3 million and 407 thousand tons of steel products were produced in all countries (cord, beam, widescreen, rebar, hot plate, cold sheet, coated sheet, etc.). Compared to the production The same period in 2016 (3,249,000 tons) suggests an increase of 5 percent.

Also, during the two months, 4 million and 564 thousand tons of sponge iron was produced, up 29 percent from the same period last year (3 million and 532 thousand tons).

According to the report, during the aforementioned period, one million 214 thousand tons of ingots and 413 thousand tons of all types of steel products were exported, which is 12 per cent more than in the same period last year (one million and 84 thousand tons of ingots and 180 thousand tons of steel products) Percentage increase.

In addition, 99,000 tons of sponge iron were exported during the same period, which represents a 39 percent decrease in exports of this product, compared to last year`s figures of 161,000 tons.

Also, in the first two months of this year, 4 thousand tons of crude steel and 187 thousand tons of steel products entered the country, which is 33 percent and 47 percent, respectively, compared to the same period last year (6 thousand tons of crude steel and 351 thousand tons of steel products) Percent decrease.



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