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11 Mar
13:39

Iranian crude steel output growth causes DRI shortage

Iranian crude steel production rose 10% on-year in the 11 months through 19 February to 25 million tonnes, according to an Iranian Steel Producers’ Association (ISPA) report published on its online Chilan portal. Billet output accounted for 15.3mt and slab production was 9.6mt. Finished steel output in the period rose 5% to 18.35mt. Long products output grew 6% to 9.2mt, of which rebar accounted for 7.5mt. Flat products output increased 5% to over…
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