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15 Mar
08:16

Iranian 11-month steel production falls slightly

Iran's finished steel output fell 1.1% on-year to 19.78 million tonnes in the first 11 months of the current Iranian year – 21 March 2023-19 February 2024. On the other hand, driven by billet and bloom, the country witnessed an increase in semi-finished steel production, along with a surge in steelmaking raw materials output, notes Kallanish. The country's 11-month semi-finished steel output rose 5.8% on-year to 29.33mt, with slab up 0.7% to 10.88mt,…
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