Strong Growth in Steel Exports Despite Decline in Production

Iranian steelmakers have registered higher exports although their production levels had decreased, latest data released by the Iranian Steel Producers Association show.
A total of 5.19 million tons of semi-finished steel products were exported from Iran in the first nine months of the current fiscal year (March 21-Dec. 21), up 16% compared with the previous year’s similar period.
Billet and bloom had the lion’s share of semis exports with an aggregate of 3.47 million tons, 1% higher than the previous year’s corresponding period.