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Iran Steel Exports Halve to 661,000 Tons in Two Months

Iran Steel Exports Halve to 661,000 Tons in Two Months Iran Steel Exports Halve to 661,000 Tons in Two Months

More than 661,000 tons of finished and semi-finished steel products were exported from Iran during the first two months of the current Iranian year (March 20-May 20) to register a 49.23% drop compared with the similar period of the year before, according to the Iranian Steel Producers Association's latest report.
Semi-finished steel made up 414,000 tons or more than 62.63% of the total export volume to register a 53.54% year-on-year decline.
Billet and bloom had the lion’s share of semis exports with an aggregate of 343,000 tons to mark a 40% decline YOY. Slab followed with 71,000 tons, down 78% YOY.
Exports of finished steel products decreased 40% YOY to reach 247,000 tons.

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