Iran Steel Heavyweights' Exports Down 44% to 1.28m Tons

Iranian heavyweight steel producers exported a total of 1.28 million tons of finished and semi-finished steel products, including beam, rebar, ingot, slab, hot and cold-rolled coils, and coated coils, during the first four months of the current Iranian year (March 20-July 21) to register a 44% decline compared with last year’s corresponding period.
The mills experienced a year-on-year decline of 29% in exports during the fourth month of the fiscal year (June 21-July 21) to 451,280 tons, latest data released by the Iranian Mines and Mining Industries Development and Renovation Organization show.
With 404,507 tons of exports during the four-month period (down 43% YOY), Khouzestan Steel Company was Iran's biggest exporter. The company exported 132,148 tons of steel in the month to July 21, to register a year-on-year decline of 19%.