Date: 27 January 2022 , 01:49
News ID: 10551
NEWS SERVICE: IRON and STEEL

Strong growth in Iran’s steel exports despite decline in production

Iranian steelmakers have registered higher exports although their production levels had decreased, latest data released by the Iranian Steel Producers Association show.

Iranian steelmakers have registered higher exports although their production levels had decreased, latest data released by the Iranian Steel Producers Association show.
A total of 5.19 million tons of semi-finished steel products were exported from Iran in the first nine months of the current fiscal year (March 21-Dec. 21), up 16% compared with the previous year’s similar period.

Billet and bloom had the lion’s share of semis exports with an aggregate of 3.47 million tons, 1% higher than the previous year’s corresponding period. 
Slab exports amounted to 1.72 million tons during the period, up 67% year-on-year.

Exports of finished steel products grew by 25% to 2.48 million tons during the nine months.
Rebar accounted for the largest portion of finished steel products exported from Iran during the period, with 1.77 million tons. The total volume of Iran’s rebar exports experienced a 44% growth compared with the same period of last year.

Beam exports amounted to 111,000 tons during the period under review, down 20% YOY.
About 145,000 tons of L-beam, T-beam and other types were also exported from Iran during the period, down 1% YOY.
Hot-rolled coil exports amounted to 354,000 tons, registering a 9% decline compared with the year before.

Cold-rolled coil with 15,000 tons registered a 40% decline year-on-year and coated coil with 85,000 tons, up 44% YOY, was the other finished steel product exported from Iran.
Exports of direct-reduced iron increased by 92% YOY to 869,000 tons, ISPA figures show.

DRI, also known as sponge iron, is produced from the direct reduction of iron ore in the form of lumps, pellets or fines by a reducing gas. It can be processed to create wrought iron.
Iran and India are the world’s biggest producers of DRI.

Source: ICCIMA

Iranian steelmakers Iranian Steel Producers Association Steel cold-rolled coil ISPA sponge iron
Related News

Sponge iron export stands at $146m in 6 months

Two last year

Iran registers highest production growth among world’s top steelmakers: WSA

Two last year

Exports of Iranian steel products rise as imports fall

Two last year
Top News
Sibanye-Stillwater liable for damages to Appian for .2 billion scrapped mine deals
Sibanye-Stillwater liable for damages to Appian for .2 billion scrapped mine deals
One last month
Mobarakeh Steel Co. record holder in quantitative and qualitative production
Mobarakeh Steel Co. record holder in quantitative and qualitative production
Seven last month
"Sustainability and innovation in production and development, excellence in culture", the orientation of Mobarakeh Steel Co. to realize the motto of 2024
Seven last month
Gianpietro Benedetti, Chairman of Danieli Group, passes away
Gianpietro Benedetti, Chairman of Danieli Group, passes away
Six last month
The entrepreneur Gianpietro Benedetti has died, he was 81 years old
The entrepreneur Gianpietro Benedetti has died, he was 81 years old
Six last month
The President visited the Sungun Copper Complex
The President visited the Sungun Copper Complex
Two last year
Most Like