NEWS
IRON and STEEL  

Crude steel Output Rises 13% in 10 Months/Steel Products Exports Up 102%

Iran’s steel products and crude steel production in the first ten-month of the current Iranian year (March21,2018- Jan20,2019), registering a 7% and 13% growth respectively YOY.

Major Iranian steelmakers produced 20.6 million tons of crude steel in the first ten-month of the current Iranian year (March21,2018- Jan20, 2019), indicating a 13% rise compared with last year’s corresponding period.

Likewise, major Iranian steelmakers produced an aggregate of 17,572,000 tons of steel products in the first ten-month to register a 7% growth YOY.

During the period under review, Major Iranian mining companies produced a total of 21,964,000 tons of DRI to register an 18% increase compared to the same period of previous year.

Steel Products Exports Up 102%

Iran exported 3.972 million tons of steel ingots and 2.396 tons of steel products during the first ten months of the current fiscal year (March 21,2018-Jan 20, 2019), indicating a 26 percent decrease and 102% growth compared with last year’s corresponding period.

Moreover, during the period under review, Iran exported 503,000 tons of DRI to register an 11% decrease YOY.

Likewise, crude steel and steel products imports during the same period stood at 27,000 tons and 881,000 tons indicating a 39% and 53% fall respectively year-on-year.

News No: 4074
Date: 2019/03/19 - 00:38
News Source: IMIDRO

Iranian steelmakers  Crude steel  DRI  steel ingots 

Comments:

Leave a Comment:

   
   
   
 

Canadian Raw Material Exports Fell in Jan'19

Trade statistics released by Canada custom shows that the iron ore exports by the country recorded at 3.19 MnT in Jan'19. The exports dropped 7 month low in Jan'19, as it was last seen in Jun'18 at 2 MnT. The exports depicted fall of 35% as compared to Dec'18 exports at 4.9 MnT.
 

India: Essar Steel Records 10% Growth in Crude Steel Output

SteelMint learned from market sources that Essar Steel having the steel making capacity of 10 MnT has witnessed the growth of 10% in its crude steel output in FY19.
 

South Korea: Iron Ore Imports Down 18% in Feb’19

World's 3rd largest iron ore importer - South Korea has witnessed fall in iron ore and pellet import volumes in Feb’19. The imports witnessed at 5.06 MnT, down 18% as against 6.19 MnT in Jan’19. However, the imports on yearly basis dropped 4% as against 5.26 MnT in Feb’18.
 

Taiwan: Ferrous Scrap Imports Up 27% in CY18

Taiwan, world’s one of the leading ferrous scrap importers has observed a second successive rise in scrap imports in CY’18 since CY’16. The country imported 3,386,357 MT ferrous scrap during CY18 as against 2,673,513 MT during CY17 witnessing a rise of 27% Y-o-Y, the recent customs data showed.
 

World Crude Steel Output Stable in Jan’19

According to the recent data released by World Steel Association (WSA) total crude steel production of 66 steel manufacturing countries inch up by 1% to 146.70 MnT in Jan’19 as compared with 146.64 MnT in Dec’18.
 

OceanaGold boosts resource at Waihi in New Zealand over 100%

OceanaGold Corp. has grown the indicated resource for its Martha underground project at its Waihi gold mine in New Zealand by 136% and inferred resources by 97%.
Upcoming Events
Publications
 Mines & Metals

Mine & Business Today

 Scrap & Recycling

Ahangan

Our partners