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28 May

Iran sees modest one-month iron, steel output growth

Iran increased its steel output in the first month of the Iranian calendar year, which runs from 21 March to 20 April. The country's semi-finished and finished steel output rose modestly, by 1.1% and 2% on-year, respectively. However, production of direct reduced and hot-briquetted iron, iron ore pellet and concentrate all surged due to new capacity coming on stream in the last year, notes Kallanish. In the first month, semis output inched up 1.1% on-year to…
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