02
Jul
16:24
Billet propels Iranian output growth despite slab slump
Iranian semi-finished steel production grew 2% on-year in the two months through 21 May to 4.34 million tonnes, propelled by a 15% rise in billet output to 2.57mt, while slab production fell -13% to 1.77mt. So says the Iranian Steel Producers’ Association (ISPA) in a report published on its online Chilan portal, monitored by Kallanish.
Two-month finished steel output increased 16% to 3.52mt, of which flat products comprised 1.84mt, up 15%. H…
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Anonymous
Very good overview of the weekly steel market.
Anonymous