News ID: 314912
Published: 0219 GMT July 18, 2021

Iran’s steel ingot quarterly production nears 6.2m tons

Iran’s steel ingot quarterly production nears 6.2m tons
MEHR NEWS AGENCY

Economy Desk

Iran’s major steel production companies produced 6,183,726 tons of steel ingot in the first quarter of the current Iranian calendar year (started March 21).

The figure indicates a nine percent growth compared to the same period last year, according to IRNA.

Esfahan’s Mobarakeh Steel Company (EMSCO) produced 2,685,410 tons of steel ingot in the first quarter, accounting for 43 percent of steel ingot share in the country.

Meanwhile, South Kaveh Steel Co. had the highest increase of production in the first quarter as it produced 417,741 tons of billets, registering an 80 percent growth.

However, the report said that the steel production companies – with 1,842,309 tons of production – saw a five percent decline in the month ending June 21, compared to the same period last year.

Additionally, it showed that nearly 3.9 million tons of steel products were produced in the country from March 21 to June 21, indicating a three percent rise compared to the corresponding period in 2020.

Still, the Iranian companies registered an eight percent decrease in production from May 21-June 21, compared to the same period last year, IRNA reported.

Last week, World Steel Association (WSA) named Iran among the world’s top 10 steel production countries – accounting for 29 million tons of crude steel – and also second largest producer of sponge iron in 2020.

 

 

   
KeyWords
 
Comments
Comment
Name:
Email:
Comment:
Security Key:
Captcha refresh
Page Generated in 0/6179 sec