A total of 631,000 tons of semi-finished steel products were exported from Iran in the first month of the current fiscal year (March 21-April 20) to register a 1% year-on-year decrease, latest data released by the Iranian Steel Producers Association show.
Billet and bloom had the lion’s share of semis exports with an aggregate of 451,000 tons, down 22% compared with the previous year’s corresponding period, while slab exports stood at 180,000 tons, up 227%.
As for finished steel products, exports increased by 20% to 220,000 tons during the same period.
Rebar accounted for the biggest share of finished steel exports from Iran during the period with 161,000 tons. The total volume of Iran’s rebar exports experienced an 11% rise compared with the same period of last year.
Beam shipments weighed 10,000 tons during the period under review, up 100%.
About 7,000 tons of L-beam, T-beam and other types were also exported from Iran during the period, unchanged year-on-year.
Hot-rolled coil exports hit 35,000 tons, registering a 106% increase while that of cold-rolled coil with 1,000 tons registered a 50% decline and that of coated coil with 6,000 tons, saw a 25% fall.
Iran exported 50,000 tons of direct-reduced iron during the period, up 4,900%.
Iron ore concentrate exports amounted to 366,000 tons, registering a 36,500% growth.
A total of 1.12 million pellet were exported during the period, registering a 1,079% increase.
Fiscal 2022-23 Reviewed
According to ISPA, 7.37 million tons of semi-finished steel products were exported in the fiscal 2022-23 (ended March 20) to register a 4% decrease compared with the previous year.
Billet and bloom had the lion’s share of semis exports with an aggregate of 5.32 million tons, up 4% compared with the year before, while slab exports stood at 2.04 million tons, down 21%.
Exports of finished steel products declined by 6% during the same period to 3.19 million tons.
Rebar accounted for the biggest share of finished steel exports from Iran during the period with 2.42 million tons. The total volume of Iran’s rebar exports experienced a 3% decrease compared with the fiscal 2021-22.
Beam shipments weighed 136,000 tons during the period under review, down 6%.
About 174,000 tons of L-beam, T-beam and other types were also exported from Iran during the period, down 13%.
Hot-rolled coil exports hit 357,000 tons, registering an 18% decline while that of cold-rolled coil with 21,000 tons registered a 24% rise and that of coated coil with 83,000 tons saw a 28% fall.
Iran exported 864,000 tons of direct reduced iron during the year, down 18%.
