Iran Steel Exports Rise Over 28%

Iranian steelmakers exported 1.62 million tons of their products during the first two months of the current fiscal year (March 21-May 21), registering a 28.7% year-on-year growth, the Iranian Steel Producers Association announced.
Semi-finished steel made up 1.21 million tons of the total exports, up 12% YOY.
Billet and bloom had the lion’s share of semis exports with an aggregate of 875,000 tons to mark a 91% growth YOY. Slab followed with 339,000 tons, down 46% YOY.
Exports of finished steel products, on the other hand, surged 129% YOY to 413,000 tons.