Economy, Business And Markets

Iran Steel Exports Grow 10%

Khouzestan Steel Company exported 764,296 tons of slab, bloom and billet, registering a 6% decline YOY, while still managing to keep its top spot
Steel Exports Grow 10% Steel Exports Grow 10%
Mobarakeh Steel Company went against the grain and was the only exporter to post a significant uptick in shipments for both Q1 and the year’s third month

Major Iranian steelmakers exported a total of 1.9 million tons of semi-finished and finished steel products during the first quarter of the current fiscal year (March 21-June 21) to register a 10% growth year-on-year, according to data released by Iranian Mines and Mining Industries Development and Renovation Organization.
The companies shipped 627,875 tons of steel during the third month of the year, Khordad (May 22-June 21), which indicates an 11% YOY drop after two months of uninterrupted growth.


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