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13 Sep
17:16

Iranian five-month steel output declines amid power outages

Iranian semi-finished and finished steel output inched down in August by 6.7% on-month to 2.63 million tonnes. Output in the first five months of the Iranian year – 21 March-22 August – turned negative on-year. Power outages from the first week of July have hampered production severely, according to Iranian Steel Producers Association (ISPA) data. In the month through 22 August, billet and bloom, and hot rolled coil production fell on-month by 20.5% to…
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