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Iran steel exports in Q1 up by 24.6pct

Financial Tribune reported that Iranian steelmakers produced a total of 11.45 million tonnes of products in Q1 to register a 12.5% year-on-year growth. Iranian Steel Producers Association announced that a total of 2.48 million tonnes 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% growth year-on-year.

It said that semi finished steel made up 1.85 million tonnes of the total export volume, up 9% YOY.

Billet and bloom had the lion’s share of semis exports with an aggregate of 1.05 million tonnes to mark a 40% growth YOY. Slab followed with 803,000 tonnes, down 15% YOY. 

Source : Financial Tribune

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