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Solid growth in Iran's steel exports

The decline in steel production in Iran did not affect the robust growth in exports.

Solid growth in Iran's steel exports

According to the latest data released by the Iranian Steel Producers Association, Iranian steelmakers recorded a significant growth in exports.

In the first seven months of the current fiscal year (March 21-October 22), a total of 4.06 million tons of semi-finished products were exported from Iran. It increased by 27% compared to the similar period of the previous year.

Billet and blooms in semis exports are 11% higher than in the same period of the previous year. It was seen that it captured a large share in the market with a total of 2,72 million tons.

Slab exports amounted to 1.34 million tons with an annual increase of 80% in this period.

Exports of finished steel products increased by 38% in seven months, reaching 1.86 million tons.

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