Iran's apparent steel consumption in the first half of the year has decreased significantly

Compared with the same period last year, Iran's apparent steel use in the first six months of this year (March 21 to September 22) decreased.

Apparent steel usage is defined as output plus imports minus exports, sometimes adjusted according to inventory changes.

According to data from the Iranian Iron and Steel Manufacturers Association, the apparent use of finished products was 8.01 million tons, a year-on-year decrease of 16%. Long products accounted for the largest consumption of finished steel at 4.05 million tons, a year-on-year decrease of 16%. In this sector, rebar accounted for the largest proportion at 3.22 million tons, a year-on-year decrease of 18%, followed by beam steel with 507,000 tons (a year-on-year decrease of 10%). And 323,000 tons of L-beam and T-beam (down 8% year-on-year).