Iran, one of the largest DRI producer in world has produced 17,363,000 MT DRI during the first eight months of Persian year (21 Mar-21 Nov’18) as per the data released by ISPA. The nation reportedly witnessed a growth of 19% Y-o-Y in production of DRI against 14,600,000 MT produced in last year.
Major DRI producers during the period were:
- Mobarekah Steel was by far the largest manufacture of DRI in Iran during the current Persian year, the company produced 4,896,154 MT DRI. Production was stable during the period.
- Khouzestan Steel was the second largest DRI producer during the current Persian year. The company produced 2,471,923 MT DRI in current year by registering a downfall of 10% Y-o-Y.
Other major producers includes HOSCO (1,151,112 MT), South Kaveh Steel (1,022,542 MT), Khorasan Steel (872,453 MT) and Saba Steel (820,010 MT).
Billet and Bloom Production Increases by 23% Y-o-Y
Iran produced 9,258,000 MT of billet and bloom in first eight months of current Persian year. Production was up by 23% Y-o-Y against 7,527,000 MT produced by nation in last year.
Khouzestan Steel Company was the largest producer of billet and bloom in current Persian year, the company produced 1,519,092 MT of billet and bloom during the period, registered a downfall of 5% Y-o-Y.
Esfahan Steel Company was the second largest producer of billet and bloom in current Persian year. The company produced 1,468,486 MT bloom in current Persian year, by registering a downfall of 4% Y-o-Y.
South Kaveh Steel was the third largest producer of billet and bloom, followed by Khorasan Steel and Chadormalu with production of 679,495 MT billet, 675,738 MT billet and 575,062 MT.
Iran Slab Production by Major Companies Increases by 11% Y-o-Y
Iran produced 7,382,000 MT of slab during the current Persian year, the nation reportedly produced 11% more than last Persian year which was noted to be 6,622,000 MT.
Mobarekah Steel Company was the largest producer of Slab during the current Persian year. The company produced 4,500,235 MT during the period, registered a growth of 5% Y-o-Y.
Hormozgan Steel, a subsidiary of MSC, was the second largest producer of slab in current Persian year. The company produced 976,007 MT during the period, registered a growth of 7% Y-o-Y.
Khouzestan Steel was the third largest producer of slab in the nation during the period. The company produced 992,073 MT of slab in current Persian year, registered a growth of 10% Y-o-Y.
Saba Steel produced 733,038 MT slab with growth of 86% Y-o-Y.