Iran’s Steel Exports, Imports Fall as Production, Consumption Rise

Iran’s Steel Exports, Imports Fall as Production, Consumption Rise

Atotal of 501,000 tons of finished and semi-finished steel products were exported from Iran during the first Iranian month (March 21-April 20) to register an 18.4% year-on-year decline, according to the Iranian Steel Producers Association’s latest report.

Semi-finished steel made up 392,000 tons, or more than 78.24% of the total export volume, down 21% YOY.

Billet and bloom had the lion’s share of semis exports with an aggregate of 284,000 tons to mark a 9% YOY decline. Slab followed with 108,000 tons, down 41% YOY.

Exports of finished steel products dropped 8% YOY to reach 109,000 tons.

Long steel products had the major share of finished products with a total of 77,000 tons (70.64%) to register a 17% growth YOY.

 

Source.

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