Iran Records 25% Growth in Steel Exports

Major Iranian steelmakers exported a total of 437,090 tons of steel in the first Iranian month (March 21-April 20) to register a year-on-year increase of 25%, latest data released by the Iranian Mines and Mining Industries Development and Renovation Organization show.

With a total of more than 258,461 tons of exports over the month, Khouzestan Steel Company was Iran's biggest exporter of steel, as its exports rose by 96% compared with last year’s similar month.

The steelmaker, located in southwestern Khuzestan Province, exports to over a dozen countries. About half of KSC's exports goes to the Middle East and North Africa region. Its other major export destinations are located in the Far East and Americas.