Solid Growth in Steel Exports Despite Decline in Production

Iranian steelmakers have achieved significant growth in exports, latest data released by the Iranian Steel Producers Association show.
A total of 4.06 million tons of semi-finished steel products were exported from Iran in the first seven months of the current fiscal year (March 21-Oct. 22), up 27% compared with the previous year’s similar period.
Billet and bloom had the lion’s share of semis exports with an aggregate of 2.72 million tons, 11% higher than the previous year’s corresponding period. 
Slab exports amounted to 1.34 million tons during the period, up 80% year-on-year.
Exports of finished steel products grew by 38% to 1.86 million tons during the seven months.