Domestic Economy

Iran Steel Exports Exceed 1m Tons

The United States ordered new sanctions to target Iran's export revenues from its industrial metals sector last month
Iran Steel Exports Exceed 1m Tons Iran Steel Exports Exceed 1m Tons

Major Iranian steelmakers exported 1.04 million tons of steel during the first two Iranian months (March 21-May 21) to register a year-on-year decline of 15%, latest data released by the Iranian Mines and Mining Industries Development and Renovation Organization (IMIDRO) show.
The steel mills shipped out 609,349 tons during the second Iranian month (April 21-May 21), which shows a 31% decrease compared with the same month of the year before.
With a total of 398,739 tons of exports over the two months and 140,278 tons in the second month under review, Khouzestan Steel Company was Iran's biggest steel exporter.


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