Mobarakeh Steel Company Achieves 73% Increase in Monthly Exports

Mobarakeh Steel Company, the largest steel company in Iran and the wider Middle East and North Africa region, produced 201,429 tons and registered a 73% increase in exports during the eighth month of the current fiscal year (Oct. 22-Nov. 22). 
MSC topped other steel mills in terms of exports during the month under review. However, the performance of major steel producers in the first eight months of the current fiscal year shows Khouzestan Steel Company is still Iran’s leading exporter. 
Khouzestan Steel Company exported 950,024 tons of slab, bloom and billet during the first eight months of the current fiscal year (March. 20-Nov. 20), down 25%. 
MSC came next with 681,233 tons, registering a 32% decrease compared with the same period of last fiscal year. 
According to data released by Iranian Mines and Mining Industries Development and Renovation Organization, KSC’s exports during the eighth month of the year stood at 72,411 tons, showing a 60% decline year-on-year.
KSC exported a record high of 2.76 million tons last fiscal year (March 2017-18), marking a growth of 34% YOY.