Iran Steel Market News

Iran Steel Market News

Follow the latest news about Iranian steel industry along with the latest statistics about imports, exports and domestic output

  • Iran Steel Exports Rise  27% to Over 4m Tons: ISPA (Mar-Aug, 2018)
    09/25/2018
    A total of 4.13 million tons of finished and semi-finished steel products were exported from Iran during the first five months of the current fiscal year (March 21-Aug. 22) to register a 27.72%...
  • ESCO Produces UIC60 Rails for First Time
    09/22/2018
    Esfahan Steel Company has produced 1,000 tons of UIC60 rails based on the latest international standards, the manager of the Rolling Engineering Department of ESCO said. “We were totally reliant on...
  • Exports by Iranian Steelmaking Heavyweights See 5% Growth
    09/16/2018
    Major Iranian steelmakers exported a total of 3.10 million tons of semi-finished and finished steel products during the first five months of the current fiscal year (March 21-Aug. 22) to register a...
  • Steel Traders Welcome Free Market Dynamics
    09/12/2018
    The competitive ceiling for steel prices on the Iranian Mercantile Exchange is to be removed, according to a letter written by Deputy Industries Minister Jafar Sarqeini wrote to Hamed Soltaninejad...
  • Iran Steel Output Soars by 23%
    08/28/2018
    Iranian steel mills produced a total of 14.45 million tons of crude steel during the first seven months of 2018, up 23.6% compared with last year’s corresponding period, according to the latest...
  • Steel Exports Up, Imports Down
    08/25/2018
    A total of 3.38 million tons of finished and semi-finished steel products were exported from Iran during the first four months of the current fiscal year (March 21-July 22) to register a 32.64%...
  • A total of 6.28 million tons of slab, bloom, billet and ingot were produced during the period under review.
    08/13/2018
    A total of 15 million tons of iron ore concentrate were produced in Iran during the first four months of the current fiscal year (March 21-July 22) to register a 22% growth compared with last year’...
  • A total of 3 million tons are set to be added to Iran’s current steelmaking capacity by the end of the current fiscal year (March 20, 2019).
    08/12/2018
    The Iranian steel industry was one of the main winners of the lifting of sanctions against Tehran in 2016. Now, with sanctions back in place, the industry’s future is at stake. The nuclear deal,...
  • Exports by Iranian Steelmaking Heavyweights See 13% Growth
    08/08/2018
    Major Iranian steelmakers exported a total of 2.62 million tons of semi-finished and finished steel products during the first four months of the current fiscal year (March 21-July 22) to register a...
  • ISPA: Steel Exports Rise 24.6% as Imports Fall 52% in Fiscal Q1
    07/31/2018
    A total of 2.48 million tons of finished and semi-finished steel products were exported from Iran during the first three months of the current fiscal year (March 21-June 21) to register a 24.6%...
  • ESCO Readies 2nd Batch of U33 Rails
    07/26/2018
    Esfahan Steel Company has produced the second batch of rails to be delivered to the Islamic Republic of Iran Railways. The batch contains 1,000 tons of U33 rails as part of ESCO's commitment to...
  • Steel Sales Up 42% in Q1
    07/17/2018
    Coming out of a prosperous year with rising sales and profits, Iranian steel companies had a slower growth in the first three months of the current fiscal year (March 21-June 21), but still managed...
  • Saba Steel Complex   Production Doubles
    07/11/2018
    First Vice President Es'haq Jahangiri accompanied by Minister of Industries, Mining and Trade Mohammad Shariatmadari inaugurated a development project at Saba Steel Complex in Isfahan Province on...
  • Steel Exports Rise Over 28%
    06/25/2018
    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...
  • Steel Output Rises 24% to Surpass 10 Million Tons
    06/24/2018
    Iranian steel mills produced 10.14 million tons of crude steel during the first five months of 2018, up 24.3% compared with last year’s similar period, the latest report released by World Steel...
  • Iran Steel Output Surges 13%
    06/20/2018
    Iranian steelmakers produced a total of 7.66 million tons of semi-finished and finished steel products during the first two months of the current fiscal year (started March 21), registering a 13%...
  • A total of 3.32 million tons of slab, bloom, billet and ingot were produced during the two months, up 20% YOY.
    06/13/2018
    A total of 7.7 million tons of iron ore concentrate were produced in Iran during the first two months of the current fiscal year (March 21-May 21), to register a 27% growth compared with last year’...
  • Change of Leadership at ESCO
    06/12/2018
    Mansour Yazdizadeh has replaced Ahmad Sadeqi as the new managing director of veteran steelmaker Esfahan Steel Company. The new director has spent most of his professional career at ESCO. Yazdizadeh...
  • ESCO is Iran’s oldest steelmaker and the largest producer of structural steel.
    06/11/2018
    Esfahan Steel Company's major shareholder is planning to sell its stake in the veteran Iranian steelmaker and potential domestic and foreign buyers have already lined up, the managing director of...
  • Iranian steelmakers exported 858,974 tons of steel during April 21-May 21, which indicates a 36% YOY rise following an unpromising performance during the month before.
    06/09/2018
    Major Iranian steelmakers exported 1.27 million tons of semi-finished and finished steel products during the first two months of the current fiscal year (March 21-May 21) to register a 25% growth...
  • the export of “steel, or any other metals in the shape of ingot, slab, or cathode” without a certificate of manufacture origin has been banned.
    05/29/2018
    Exporters of steel and other metal products from Iran henceforth need to submit "certificate of manufacture origin" to relevant authorities as per a recent directive issued by Minister of...
  • Iran is currently the world’s 11th biggest producer of steel.
    05/27/2018
    Iranian steel mills produced 8.12 million tons of crude steel during the first four months of 2018, up 27.6% compared with last year’s similar period, according to the latest report released by the...
  • Iranian steelmakers produced 41.66 million tons of products during the year to register a 13.7% growth compared to last year’s corresponding period.
    05/16/2018
    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...
  • $1b of Domestic  Investment for Kurdestan Steel Production
    05/15/2018
    Iran's largest state-owned mining holding and a consortium of steelmakers signed an agreement on Sunday to invest $1 billion in setting up an integrated steel production chain in Kurdestan Province...
  • Iran is expected to turn increasingly to Chinese technology for steel and metal development projects, if it is unable to work with the Europeans.
    05/13/2018
    Major Iranian steelmakers exported 420,944 tons of semi-finished and finished steel products during the first month of the current fiscal year (March 21-April 20) to register a 6% growth year-on-...

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