19
Jul
14:03
Iran’s steel consumption decreases despite growing output
In the first quarter of the Iranian calendar – April-June 2021 – Iranian apparent finished steel consumption decreased by 2% on-year and semi-finished steel by 1%, but direct reduced iron output grew by 4%, Kallanish notes.
Consumption of semis totalled 6.45 million tonnes, with billet and bloom comprising 3.83mt, up 2% on-year, and slab comprising 2.63mt, down 7%, the Iranian Steel Producers’ Association (ISPA) says on its on…
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Anonymous
Very good overview of the weekly steel market.
Anonymous