Iran’s crude steel export up 27% yr/yr
Iran exported 5.5 million tons of crude steel in the past Iranian calendar year 1395 (ended on March 20), with 27% increase from the figure of its preceding year, Iranian Steel Manufacturers Association’s Secretary Rasoul Khalifeh-Soltan told ISNA.
He also said that while Iranian steel industry’s growth has been 5.7 percent on average in the recent years, the figure can reach 10 percent this year, given the promising condition the sector enjoys at present.
Iran produced 18.466 million tons of crude steel in the calendar year 1395, showing 11 percent rise from 16.656 million tons in 1394.
Of the mentioned figure, 14.419 million tons have been produced by the state-run companies and the rest 4.047 million tons by the private sector.
Also, some 18.151 million tons of steel products have been produced in Iran in the past calendar year, indicating four percent growth from the figure of its preceding year.
Of the steel products output figure, some 11.331 million tons have been produced by the state-run companies and 6.82 million tons by the private units.
According to a January report published by the World Steel Association, Iran produced 17.89 million tons of crude steel in 2016, registering an 11 percent growth compared to the figure in 2015.