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14 Jul
12:37

Iran finished steel outpaces crude steel output growth

Iranian crude steel output grew 6% on-year in the first quarter of the Iranian calendar year – three months through 20 June – to 8.1 million tonnes, lagging behind finished steel output growth. If electricity supply curbs continue, Iranian steel production is likely to decline in the coming month, necessitating a revision of the Iranian Steel Producers' Association (ISPA)’s 33.6mt output forecast for the current Iranian year (see Kallani…
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