Iran Steel Exports Rise in 11 Months

More than 9.62 million tons of finished and semi-finished steel products were exported from Iran during the first 11 months of last Iranian year (March 21, 2019-Feb. 19, 2020) to register a 35.65% year-on-year increase, according to the Iranian Steel Producers Association’s latest report.

Semi-finished steel made up 6.35 million tons (65.97%) of the total export volume, up 42% YOY.
Billet and bloom had the lion’s share of semis exports with an aggregate of 4.44 million tons to mark a 52% YOY rise. Slab followed with 1.91 million tons, up 23% YOY.

Exports of finished steel products increased by 25% YOY to reach 3.27 million tons.
Long steel products had the biggest share of finished products’ exports with a total of 2.49 million tons (76.27%) to register a 35% growth YOY.

Source » ft

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