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08 Jan
14:39

Hormozgan Steel local sales growth outpaces exports

Hormozgan Steel expects to produce 1.5 million tonnes of merchant slab in the Iranian year through 20 March 2018 following output of 1.03mt in the nine months through 21 December. Nine-month exports rose 13% on-year to 832,000t and domestic sales grew 40% to 384,000t. Major export destinations have included Thailand, Taiwan and India, as well as Brazil and European countries. Although the majority of Hormozgan’s output was exported, the company’s pri…
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