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Iran Steel

  • EghtesadOnline: Iran’s steel, metals and minerals trade with the world could be seriously hampered and limited to the local market, as the United States’ sanctions against the Islamic Republic are reimposed on Monday.

  • EghtesadOnline: Iranian steel mills produced 10.14 million tons of crude steel during the first five months of 2018, up 24.3% compared with last year’s similar period, the latest report released by World Steel Association showed.

  • EghtesadOnline: Iranian steelmakers produced a total of 7.66 million tons of semi-finished and finished steel products during the first two months of the current fiscal year (started March 21), registering a 13% growth compared with last year’s corresponding period.

  • EghtesadOnline: A total of 7.7 million tons of iron ore concentrate were produced in Iran during the first two months of the current fiscal year (March 21-May 21), to register a 27% growth compared with last year’s corresponding period.

  • EghtesadOnline: Iranian steel mills produced 8.12 million tons of crude steel during the first four months of 2018, up 27.6% compared with last year’s similar period, according to the latest report released by the World Steel Association.

  • EghtesadOnlinew: Iranian steelmakers and customers in major outlet regions such as the Middle East, North Africa and Asia have started to voice concerns that the US decision to quit the nuclear agreement would have a negative effect on the country’s steel exports and consequently on output.

  • EghtesadOnline: Iranian steel mills produced 6.8 million tons of crude steel in the first quarter of 2018, up 47% compared with last year’s similar period, according to the latest report released by World Steel Association, aka Worldsteel.

  • EghtesadOnline: In its latest report titled “Short Range Outlook for 2018-19”, the World Steel Association (Worldsteel) forecasts that Iranian steel demand will increase by 5.5% to 21.05 million tons by the end of 2018 and rise up to 5% in 2019 to 22.1 million tons.

  • EghtesadOnline: Flat steel import trade in Iran has been almost non-existent in the past several weeks, because of currency exchange rate issues.

  • EghtesadOnline: A lot of industries may be struggling in Iran, but steel is not one of them, as the country's mills ended last fiscal year (on March 20, 2018) with solid growth in exports.