Domestic Economy
0

Rebar Comprises Bulk of Finished Steel Exports

Rebar Comprises Bulk of Finished Steel Exports
Rebar Comprises Bulk of Finished Steel Exports

Rebar accounted for the biggest share of finished steel exports from Iran in the fiscal 2022-23 (ended March 20) with 2.42 million tons of shipments. 
The total volume of Iran’s rebar exports experienced a 3% decrease compared with the fiscal 2021-22, latest data released by the Iranian Steel Producers Association show.
Other finished exports during the period include beams with 136,000 tons, down 6%.
About 174,000 tons of L-beam, T-beam and other types were also exported, which register a decline of 13%.
Hot-rolled coil exports hit 357,000 tons, registering an 18% decline while that of cold-rolled coil with 21,000 tons registered a 24% rise and that of coated coil with 83,000 tons saw a 28% fall.
Iran exported 864,000 tons of direct-reduced iron during the year, down 18%. 
Total exports of finished steel products declined by 6% during the period to 3.19 million tons.

Add new comment

Read our comment policy before posting your viewpoints

Financialtribune.com