Davis Index: Market Intelligence for the Global Metals and Recycled Materials Markets

Iran produced 27.2mn mt of crude steel in the previous Iranian year which ended on March 19, 2020, up by 11pc from 24.5mn mt in the prior year, according to World Steel Association (WSA); of this, billet and bloom output amounted to 16.78mn mt, up by 18pc from the prior year and slab output was 10.45mn mt with no significant change from the prior year.

The country’s crude steel production in March 2020 was 2.25mn mt, up by 2pc from 2.2mn mt in February 2020.


Iran’s finished steel and direct reduced iron output, both, rose by 6pc to 20.2mn mt and 28mn mt, respectively, according to Iranian Steel Producers’ Association data cited by Iranian media. Long steel constituted the largest share amounting to 10.2mn mt, rebar production stood at  8.3mn mt followed by beams with 1.12mn mt, L-beam and others were 799,000mt, up by 4pc from the prior year. Merchant flat steel output rose by 5pc to 9.96mn mt in the year.



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