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Steel Exports Rise 146% in 2 Months

mahla — Thu, 17 Jun 2021 05:50:28 +0000

TEHRAN (Iran News) – Steel Exports Rise 146% in 2 Months. Iran’s major steel producers exported 1.14 million tons of steel during the first two months of the current Iranian calendar year (March 21-May 21), which was 146 percent more than the figure of the same period of time in the past year.

Meanwhile, these producers exported over 632,000 tons of steel in the second month of this year, which was 187 percent higher than the figure of the second month of the previous year.

As reported, in the first two months of this year, the highest amount of steel exports was made by Khuzestan Steel Company with 341,187 tons, followed by Esfahan Steel Company with 213,873 tons and Mobarakeh Steel Company with 106,032 tons in the second and third ranks.

Iran’s export of steel during the previous Iranian calendar year 1399 (ended on March 20) declined 13.1 percent compared to the figure for the preceding year, data released by the Iranian Steel Producers Association (ISPA) showed.

Based on the mentioned data, the country exported nine million tons of steel in the previous year while the exports in the Iranian calendar year 1398 stood at 10.362 million tons.

According to ISPA, over 2.839 million tons of steel products were also exported in the mentioned year, registering an 18-percent decline year on year.

As ISPA data indicated, the exports of steel products, intermediate steel and sponge iron all declined last year, and despite significant output growth and the demand decline in domestic construction sector, the exports of the mentioned products did not increase due to the pandemic.

Iran is planning to produce 32 million tons of steel in the current Iranian calendar year (ends on March 2022) to register a 27.7 percent rise compared to the figure for the previous year.

Based on the Industry, Mining, and Trade Ministry data, Iranian steel companies managed to produce 28.374 million tons of steel in the previous Iranian calendar year.

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Steel Production Rising: ISPA

reporter 1222 — Tue, 15 Sep 2020 05:21:10 +0000

TEHRAN (Iran News) – Production of steel ingots and products during the first five months of the current Iranian year (March 20-August 21) increased by 10 and three percent respectively, according to figures released by the Iranian Steel Producers Association (ISPA).

During the period, the country’s production of sponge iron witnessed an 11 percent increase, reported imidro.gov.ir on Monday.

From the beginning of April to the end of August, the country’s steelmakers produced 11.8 million tons of steel ingots (billets, blooms and slabs), said the ISPA report, adding the figure was 10.7 million tons in the same period of its preceding year.

Also, the production of steel products (beams, rebars, angles, channel beams and sheets) during the said period stood at 8.8 million tons, while the corresponding figure last year was 8.5 million tons.

The ISPA report showed that the production of sponge iron for March 20-August 21 amounted to almost 12.9 million tons, which shows an 11 percent increase compared to the related output last year – 11.6 million tons.

According to figures released by the World Steel Association (WSA) on August 24, Iranian steelmakers produced over 16.2 million tons of crude steel during the first seven months of 2020, marking a 10.7 percent rise compared to the figure for the same period in 2019, which was 14.6 million tons.

Iran produced 2.3 million tons of crude steel in July, showing a 14.3 percent rise compared to the figure for the same month in 2019, which was 2.04 million tons.

Iran produced 31.9 million tons of crude steel in 2019, according to the WSA figures released in January.

The country plans to increase its annual steel production capacity to 55 million tons by 2025, with exports expected to reach between 10 million tons and 15 million tons per year.

The WSA is one of the largest and most dynamic industry associations in the world. Its members represent approximately 85 percent of the world’s steel producers, including over 150 steel producers, with nine of the 10 largest steel companies, national and regional steel industry associations and steel research institutes.

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ISPA: Steel production almost 4.7m tons in two months

reporter 1222 — Mon, 15 Jun 2020 05:50:21 +0000

TEHRAN (Iran News) – Iranian steelmakers produced 4.69 million tons of steel ingots during the first two months of the current calendar year (March 20-May 20), according to figures by the Iranian Steel Producers Association (ISPA) on Sunday.

The ISPA statistics indicate that the country’s producers manufactured 2.7 million tons of steel billet and bloom during the said period, marking a two percent drop compared to the figure for the same time span last year, which was 2.76 million tons, IRNA reported.

Iranian steel mills also produced 1.99 million tons of slab during the two-month period to May 20, showing an increase of 13 percent compared to their output in the same duration last year, which was 1.76 million tons.

According to figures released by the World Steel Association (WSA) in late May, Iranian steelmakers produced 8.49 million tons of crude steel during the first four months of 2020, marking a 4.3 percent rise compared to the corresponding figure for 2019, which was 8.139 million tons.

Iran produced 1.79 million tons of crude steel in April, showing a 17.8 percent decrease compared to the figure for the same month of 2019, which was 2.178 million tons.

The country produced 31.9 million tons of crude steel in 2019, according to figures released by WSA in January.

Iran’s total steel production capacity is to hit 55 million tons per year by 2025, with its exports expected to reach between 10 and 15 million tons.

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