October 07, 2008

Iranian steel output to exceed 32 million tonnes in 2011

Fars news agency quoted Mr Ali Palizdar deputy director of Iranian Mining Industries Development & Renovation Organization as saying that annual steel production will exceed 32 million tonnes in 2011.

He said that steel production increased from 9.28 million tonnes in the year to March 2007 to 10.19 million tonnes in the year to March 2008, up by 3% YoY. He added that the output of steel products also rose from 9.71 million tonnes to 10.22 million tonnes during the period.

Mr Palizdar stated that copper cathode production went up from 201,000 tonnes in the year to March 2007 to 202,000 tonnes in the year to March 2008. He added that "Aluminum production decreased from 205,000 tons during March 2007 to 204,000 tons in the year to March 2008."