Today Picture
MSC crude steel production up 12%; sales register 45% increase
Mobarakeh Steel Company and Saba Steel Complex [members of Mobarakeh Steel Group] have produced 5.34 million tons of crude steel in the first eight months of the current [Iranian] year, registering a 12.7 percent increase over corresponding period last year.
The huge achievement came on the back of tireless efforts by staff members in a year designated as Year of Support for Iranian Goods.
In breaking down those figures, the managing director of Mobarakeh Steel Company said MSC which has set several new production records in the 8-month period has increased its production of crude steel to 4.5 million tons, up 5 percent over last year.
Hamidreza Azimian further said crude steel production at Saba Steel Complex has jumped a staggering 86 percent to reach 839,000 tons. “In Hormozgan Steel Company, too, production has edged up 7 percent to stand at 976,000 tons.”
Overall, the steel group has produced 4.564 million tons of hot-rolled sheets, he said, adding MSC's share of the production figure stands at 3.779 million tons and the remaining 785,000 tons has been produced by Saba.
Mobarakeh Steel Group, which brings together MSC, Hormozgan Steel Company and Saba Steel Complex, produced 8.6 million tons of steel products last year and plans to raise its production volume to 9.4 million tons this year [ends March 20, 2019], the MSC chief said, adding given the stellar performance of the group so far this year the envisioned goal will be certainly achieved.
He went on to say sales in the eight-month period increased by as much as 45 percent over similar period last year, bringing in 13.921 trillion tomans in revenues. In the 30 days to November 21, 2018, MSC sales earned the company 2.719 trillion tomans in revenues.
In conclusion, Azimian said supplying the needs of the local market is a top priority of MSC, adding this year, too, the company has first tried to meet the local need for steel before turning its attention overseas in a bid to maintain its share of the global markets.  
 


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