Iranian steelmakers cast 5.27 million tons of steel products during the first three months of current Iranian year (March 21-June 21), which marks 15.6 percent of growth compared to corresponding figure of last year which was 4.56 million tons.
Iranian steelmakers cast 12.79 million tons of crude steel during the first six months of 2019, marking 5.6 percent of increase compared to corresponding figures the previous year which stood at 12.11 million tons.
Iranian steelmakers cast 10.623 million tons of crude steel during the first five months of 2019, marking 5.5 percent of increase compared to corresponding figure of 2018, which was 10.07 million tons.
A frontrunner to buy British Steel has been deterred by the government’s refusal to provide backing for investment in the Scunthorpe steelworks, amid concern there is just a week left to save the company.
A senior Iranian lawmaker stressed that despite Washington’s hype about its bans and pressures on Iran’s steel industry, the country is still exporting the strategic product, rendering US sanctions obsolete.
President Donald Trump on Friday announced a deal to lift US tariffs on steel and aluminum imports from Canada and Mexico that had created friction between the neighbors and blocked a new North American free trade agreement.
Iran exported 4.89 million tons of steel ingots in the year to March 2019, of which 67 percent were sent to target markets in the form of billets and blooms, according to figures by the Iranian Steel Producers Association (ISPA).
Iran exported 4.484 million tons of crude steel as well as 2.6 million tons of steel products during March 21, 2018-February 19, 2019, announced the Iranian Steel Producers' Association (ISPA) in a statement on Sunday.
Iranian steelmakers cast 19.604 million tons of crude steel in the first 11 months of the current Iranian year (March 21, 2018-February 19, 2019) which registered an eight-percent growth compared with the corresponding period last year.