Iranian Steelmakers Register Growth in 1st Quarter Output

The country’s output of semi-finished steel stood at 8.58 million tons in the first quarter of the current fiscal year (March 21-June 21), 6% more than in the corresponding period of last year, the Iran Steel Producers Association announced. Billet and bloom made up 5.06 million tons of total semis production, registering a 4% year-on-year growth. Slab output stood at 3.51 million tons to register a 10% YOY rise. The output of finished steel increased by 5% to 5.67 million tons. - Financial Tribune