Iran (IMNA) - The data shows that Iranian steel mills produced 3.312 million metric tons (mt) of mild steel in the month to April 20. Mild steel, also known as semi-finished steel, includes three main types of steel ingots-billet, bloom, and slab-which are primarily used in the construction of buildings, roads, bridges, and other infrastructure projects.
ISPA’s report highlights a 2.7% annual increase in the production of billet and bloom, reaching 1.969 million mt for the month. Steel slab production also saw a notable rise, increasing by 7.6% year-on-year to 1.343 million mt.
This recent growth comes after a significant decline in Iran’s steel ingot output during the previous calendar year. ISPA figures released in mid-March indicated that the country’s mild steel output had dropped by 6.7% year-on-year to 26.953 million mt in the 11 months to late February. Industry sources and government officials attributed the decline to energy supply restrictions impacting steel production.
Despite the overall increase in mild steel output, ISPA’s latest data shows that Iran’s steel products output fell by 2.1% year-on-year in the month to late April, totaling 1.812 million mt. Within this category, rebar (reinforcing bar) production rose by 4.1% to 0.84 million mt compared to last April, while IPE (I-beams) production dropped sharply by 41.6%. Production of angle steel and U-steel increased by 2.6%, reaching 0.065 million mt and 0.08 million mt, respectively.
Iran remains one of the world’s top 10 steel producers, with the country reporting steady growth in steel production and exports in recent years. This continued expansion comes amid the ongoing conflict between Ukraine and Russia, which has disrupted both regional and global steel supplies.
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