According to the Financial Tribune news on June 20, in the first two months of this fiscal year (starting on March 21st), Iranian steelmakers produced a total of 7.66 million tons of billet and steel, an increase of 13% compared to the same period of last year.

    Among them, steel billet production was 4.25 million tons, up 21% year-on-year.

    Billet and billet production totaled 2.23 million tons, up 30% year-on-year, while slab production was 2.02 million tons, up 12% year-on-year.

    Steel production increased by 5% year-on-year to 3.4 million tons.