Data released by the Iranian Steel Producers Association show Iranian steelmakers registered a 14% rise in the production of both semi-finished and finished steel products.
According to the report, they produced a total of 21.13 million tons of semis during the first eight months of the current Iranian year (March 21-Nov. 21), 14% more than in the corresponding period of last year.
The production of billet and bloom reached 12.83 million tons, registering a 17% rise while that of slab stood at 8.3 million tons to mark a 10% rise.
The output of finished steel increased by 14% to 14.74 million tons during the period.