Iranian DRI Production Increases by 24% in Current Persian Year

Iran, the second largest producer of DRI in world has produced around 20,484,000 MT DRI in first 11 months of current Persian year (21 Mar'17-19 Feb'18), according to the data published by ISPA., registered a growth of 24% Y-o-Y against 16,585,000 MT produced in last Persian year.

o Mobarekah Steel was the largest manufacture of DRI in Iran during current Persian year, the company produced around 6,694,575 MT DRI, registered a growth of 12% Y-o-Y against 5,977,299 MT produced in last Persian year.

o Khouzestan Steel was the second largest DRI producer during the current Persian year. The company produced around 3,708,940 MT DRI in current year by registering a growth of 9% Y-o-Y against 3,402,697 MT produced in last Persian year.

o Other major producers includes HOSCO (1,437,621 MT), South Kaveh Steel (1,437,921 MT), Khorasan Steel (1,128,756 MT) and Saba Steel (1,022,248 MT).

Iran's Billet and Bloom Production Increases by 22%

Iran, one of the largest producer of semi-finished steel in world has produced 10,654,000 MT of billet and bloom during the current Persian year. Production was reported up by 22% Y-o-Y against 8,720,000 MT produced in last Persian year.

o Khouzestan Steel Company was the largest producer of billet and bloom in current Persian year, the company produced 2,164,400 MT of billet and bloom during the period, registered a growth of 6% Y-o-Y against 2,043,747 MT during the same period but last year.

o Esfahan Steel Company was the second largest producer of billet and bloom in current Persian year. The company produced 2,093,746 MT bloom in current Persian year, by registering a growth of 4% Y-o-Y against 2,013,217 MT produced in last Persian year.

o Khorasan Steel was the third largest producer of billet and bloom, followed by South Kaveh Steel and Iran Alloy Steel Company with production of 760,739 MT billet, 744,271 MT billet and 369,254 MT bloom.

Iran Slab Production Increases by 15% Y-o-Y

As per ISPA, Iran has produced 9,364,000 MT of slab in first 11 months of current Persian year. The nation registered a growth of 15% Y-o-Y in slab production against 8,111,000 MT produced in last Persian year.

o Mobarekah Steel Company was the largest producer of Slab during the first 11 Months of current Persian year. The company produced 5,950,143 MT during the period, registered a growth of 16% Y-o-Y against 5,129,434 MT produced in last Persian year.

o Hormozgan Steel, a subsidiary of MSC, was the second largest producer of slab in the nation during the period. The company produced 1,287,948 MT of slab in current Persian year, registered a growth of 26% Y-o-Y against 1,022,181 MT produced in last Persian year.

o Khouzestan Steel was the third largest producer of slab in current Persian year, followed by Saba Steel. The companies produced 1,295,355 MT and 719,646 MT respectively with growth of 3% and 19% Y-o-Y respectively.

Inputs Taken From Chilan Online