News ID: 317941
Published: 0330 GMT November 15, 2021

Iran’s seven-month steel exports increase 30%

Iran’s seven-month steel exports increase 30%

Iran exported over 5.9 million tons of steel during the seven months to October 22, which was 30 percent more than the figure of the same period of time in the past year.

Based on the latest data released by the Iranian Steel Producers Association (ISPA), of the said figure 1.4 million tons was the share of steel profiles which also registered a 44 percent rise year-on-year, IRNA reported.

Exports of rebar, which had the largest share of total exports of steel products, in the said seven months increased by 57 percent compared to the same period last year to reach 1.3 million tons.

Exports of flat steel sections also increased by 18 percent during the period to stand at 369,000 tons.

Also, the export of sponge iron during the mentioned period increased by 279 percent to reach 698,000 tons.

According to ISPA, Iranian exports of steel during the previous Iranian year declined 13.1 percent compared to the figure for the preceding year.

Based on the association’s data, the country exported nine million tons of steel in the previous year while the exports in that year stood at 10.3 million tons.


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