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Arfa Steel produced 602,148 tonnes of steel billets in the first seven months of Iranian year 1405, up 24.6% from the same period a year earlier. Direct reduced iron output rose 1.9% to 733,623 tonnes.
Revenue increased 130.4% to 35.74 trillion tomans. Combined domestic and export billet sales reached 571,066 tonnes, up 17.2%. Exports increased 68.7% to 84,375 tonnes, while export revenue rose 278.4% to 5.55 trillion tomans.
In the month of Mehr, the company reported sales revenue of 7.49 trillion tomans and production of 86,566 tonnes of billets and 102,387 tonnes of direct reduced iron.