Domestic Economy

Iran's Q1 Steel Exports Top 1.6m Tons

Iranian steel industry is an export-oriented one, as the country exports more than 40% of its steel output
Iran's Q1 Steel Exports Top 1.6m Tons
Iran's Q1 Steel Exports Top 1.6m Tons

Major Iranian steelmakers exported a total of 1.62 million tons of steel during the first three Iranian months (March 21-June 21) to register a year-on-year decline of 12%, latest data released by the Iranian Mines and Mining Industries Development and Renovation Organization show.
The steel mills shipped out 573,283 tons during the third month of the year (May 22-June 21), which shows a 4% decrease compared with the same month of the year before.
With a total of 549,306 tons of exports over the three months and 150,567 tons in the third month under review, Khouzestan Steel Company was Iran's biggest exporter.


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