Iran Produces over 24 Million Tons of Steel Ingot in 9 Months

EghtesadOnline: Iran’s major steel manufacturers have produced 24.492 million tons of steel ingot and 16.626 million tons of various types of steel products in the first nine months of the current Iranian year.

News ID: ۸۲۰۵۲۸

20 January 2024

Statistics show that the production of steel ingot and various types of steel products in Iran from March 21 to December 22, 2023, grew by 3 percent and about 0.25 percent, respectively, compared to the last year’s corresponding period.

Meanwhile, Iran has produced 44.843 million tons of iron ore pellets, showing a 10 percent hike compared to the same period last year, IRNA reported.

The major Iranian steel production companies have also exported 5.621 million tons of steel ingot and 2.477 million tons of various types of steel products in the 9-month period.

The report added that 7.224 million tons of iron ore pellets and 1.214 million tons of sponge iron were exported by Iran between March 21 and December 22, 2023, showing a 97 and 93 percent growth respectively. / Tasnim