More than 2.23 million tons of finished and semi-finished steel products were exported from Iran during the first four months of the current Iranian year (March 20-July 21), registering a 31.83% decrease compared with the similar period of last year, according to the Iranian Steel Producers Association's latest report.
Semi-finished steel made up 1.66 million tons or more than 74.46% of the total export volume to register a 23% year-on-year drop.
Billet and bloom had the lion’s share of semis exports with an aggregate of 1.34 million tons to mark a 2% decline YOY. Slab followed with 322,000 tons, down 59% YOY.
Exports of finished steel products decreased 49% YOY to reach 571,000 tons.
August 18, 2020 19:29
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Steel Exports Dip 31% YOY to 2.2 Million Tons in 4 Months
Iranian mills exported 1.66 million tons of semi-finished and 571,000 tons of finished steel during the four months to July 21, registering a 23% and 49% YOY decline respectively
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