Steel ingot production up 45% in 1st 10 months

EghtesadOnline: Seven major steel production units of the country produced more than 4.4 million tons of steel ingot and products in the first ten months of this year (started March 20).

News ID: ۷۷۳۷۱۳

05 February 2017

The output in the period showed a growth of 45 percent compared to that in the corresponding period of the year before it.

Based on the report, Mobarakeh and iron foundry units in Isfahan, steel alloy unit in Yazd, Khorassan steel production unit, Hormuzgan steel production unit and Oxin steel production unit produced 4,403,824 tons of steel ingot and products in the period, according to IRNA.

The iron foundry unit exported 465,544 tons of steel products, including iron bars, rods, cast iron and other items in the first 10 months, showing four percent growth compared to the figure in the same period the year before.

The unit exported 35,259 tons of its output in the month of Day (December 21-January 20), recording a growth of 252 percent compared to the figure in the same month last year.