Iran Steel Exports, Imports Down as Output Grows

A total of 6.36 million tons of steel were exported, 908,000 tons were imported and 38.25 million tons were produced during the 10 months to Jan. 20 to register a 2.81% and 52.36% decline and a 10.04% rise respectively year-on-year.

I ran exported a total of 6.36 million tons of finished and semi-finished steel products in the 10 months of the current fiscal year (March 21-Jan. 20) to register a 2.81% year-on-year decline, the Iranian Steel Producers Association declared in its latest report.

Semi-finished steel made up 3.97 million tons or more than 62.37% of the total export volume, down 26% YOY.

Billet and bloom had the lion’s share of semis exports with an aggregate of 2.51 million tons to mark a 15% decline YOY. Slab followed with 1.46 million tons, down 39% YOY.

Exports of finished steel products surged 102% YOY to reach 2.39 million