Iran produced 52.3mn mt of semi-finished and finished steel products in FY 2020-2021 (period-ended March 20, 2021), according to Iranian Steel Producers Association data.
The country’s semi-finished steel production increased 11pc to 30.2mn mt in the same period, equivalent to the Iranian year 1399.
Iran’s billet and bloom output in the same timeframe was 18.8mn mt, a 12pc rise, while slab production was up 10pc at 11.4mn mt.
The country produced 10pc more finished steel products in FY 2021 at 22.1mn mt.