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17 Nov
13:43

Mobarakeh Steel grows output, reports export problems

Mobarakeh Steel (MSC) reported a 6% on-year growth in consolidated crude steel production in the seven months through 21 October to 5.82 million tonnes. This represented 44% of output among major Iranian steelmakers, it says in a note seen by Kallanish. Production could have grown by more if it had not been restricted by raw materials supply issues and limited electricity consumption in the peak summer period, MSC says. Output consisted of 4.21mt at Mobarakeh Stee…
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