Semis Exports Drop Slightly as Finished Steel Shipments Jump

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.