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10 Dec
11:51

Iranian finished steel output slows despite CRC/HDG acceleration

Iranian finished steel production increased 7% on-year in the seven months through 22 October to 11.75 million tonnes, Kallanish learns from the Iranian Steel Producers Association (ISPA). This slowed from 8% growth after six months. Hot rolled coil output increased 4% to 5.08mt and rebar output rose 6% to 4.57mt, slowing from 5% and 8% respectively after six months. Rebar output, especially, has lost steam after surging 21% in the first three months o…
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