Iran Steel Exports Up 53%

Iranian steelmakers exported 8.49 million tons of products during the last fiscal year (ended March 20, 2018), registering a 53.4% year-on-year growth, the Iranian Steel Producers Association said.
Semi-finished steel made up 6.87 million tons of the total exports, up 84% YOY.
Billet and bloom had the lion’s share of semis exports with an aggregate of 4.02 million tons to mark an 86% growth YOY. Slab followed with 2.84 million tons, up 80% YOY.
Exports of finished steel products shrank 10% YOY to 1.62 million tons. 
Thicker than 3-mm hot-rolled coil was the main finished steel product exported with 574,000 tons, down 46% YOY. Less than 3-mm thick HRC shipments surged 12,100% YOY to 122,000 tons.
Following HRC were rebar with 598,000 tons, up 106.9% YOY; beams with 168,000 tons, down 20% YOY; coated coil with 61,000 tons, up 118% YOY; cold-rolled coil with 20,000 tons, down 87% YOY and “other steel products” with 80,000 tons, up 78% YOY.