Apparent Steel Usage Down 9% for Finished Products, 14% for Semis

Iran's apparent steel usage registered a decline in the current Iranian year’s first 10 months (March 21, 2021-Jan. 20) compared with last year's corresponding period.
Apparent steel usage is defined as production plus imports minus exports, sometimes also adjusted for changes in inventories. 
The apparent usage totaled 14.27 million tons for finished products, posting a 9% year-on-year decrease, according to the Iranian Steel Producers Association.