Tehran (IP)- According to the Ministry of Industry, Mine and Trade statistics, Major Iranian steel mills produced over 53.2 million tons of raw steel and different steel products in the fiscal year to March 20.

Iran PressIran news: The report says that the country produced 28 million tons of raw steel in the year under review, which shows a 2.1% decrease compared to figures from the previous year, and also made some 25.2 million tons of steel products which has fallen some 2.1% year-on-year (YoY).  

The report puts Iran's annual copper cathode production at 299,000 tons (down 2.8% compared to the previous year). 

The country has also produced some 571,000 tons of aluminum bars in one year (up 25.1% YoY).

Iran's alumina production grew 0.7% to 230,700 tons, with the country's coal concentrate reducing 12.8% YoY to 474,400 tons.

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The Iranian Mines and Mining Industries Development and Renovation Organization (IMIDRO) also released a report early in May that said that 11.69 million tons worth $7.41 billion of steel were exported to 59 countries in the past Iranian fiscal year.

With 3.54 million tons worth $2.02 billion, China accounted for 30.3% of Iran's total exports in weight and 27.3% in value to top the list of export destinations.

It was followed by Iraq with 1.9 million tons (16.3%) worth $1.26 billion (17%), Indonesia with 1.7 million tons (14.5%) worth $1.09 billion (14.8%), Thailand with 1.17 million tons (10%) worth $750.12 million (10.1%) and the UAE with 724,170 tons (6.2%) worth $544.35 million (7.3%).


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