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ECONOMY

Iran’s semi-finished steel output down 4.3% y/y in Apr-Nov

Iran lost some $450 million in revenues because of a drop in semi-finished steel production in Apr-Nov.

iran steel mill

ECONOMY

Iran’s semi-finished steel output hit by electricity cuts

Electricity cuts this summer caused Iran’s semi-finished steel output to shrink by 5.4%.

iran steel

ECONOMY

Iran eyes 55 mln mt of steel output by 2025

Iran’s total steel output is expected to hit a target of 55 million mt by 2025.

iran steel works

ECONOMY

Iran reports major surge in exports of semi-finished steel

Iran’s exports of semi-finished steel reached 3.093 million mt in the five months to late August.

steeel manufactuirng

ECONOMY

Iran reports major surge in domestic use of steel

Iran used 22% more of its domestically-produced steel year on year in the two months to late May.

iran steel