Solid Growth in Steel Exports Despite Decline in Production

November 15, 2021
real estate

I ranian steelmakers have achieved significant growth in exports, latest data released by the Iranian Steel Producers Association show.

A total of 4.06 million tons of semi-finished steel products were exported from Iran in the first seven months of the current fiscal year (March 21-Oct. 22), up 27% compared with the previous year’s similar period.

Billet and bloom had the lion’s share of semis exports with an aggregate of 2.72 million tons, 11% higher than the previous year’s corresponding period.

Slab exports amounted to 1.34 million tons during the period, up 80% year-on-year.

Exports of finished steel products grew by 38% to 1.86 million tons during the seven months.

financialtribune



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