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Iran Steel Exports Soar 52%

Semi-finished steel made up 6.04 million tons of the total exports, up 87% YOY, as exports of finished steel products shrank 17% YOY to 1.37 million tons
Steel production stood at 38.12 million tons, registering a 14% rise YOY. Steel production stood at 38.12 million tons, registering a 14% rise YOY.
Consumption of finished steel stood at 18.8 million tons, up 7% YOY, as semi-finished steel usage grew 2% YOY to reach 14.02 million tons

Iranian steelmakers exported 7.41 million tons of their products in the first 11 months of the current fiscal year (March 21-Feb. 19), registering a 52.2% year-on-year growth, the Iranian Steel Producers Association announced.
Semi-finished steel made up 6.04 million tons of the total exports, up 87% YOY.
Billet and bloom had the lion’s share of semis exports, standing at an aggregate of 3.35 million tons to mark a 77% growth YOY. Slab followed with 2.69 million tons, up 102% YOY.
Exports of finished steel products during the period shrank by 17% YOY to 1.37 million tons. 

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