Iran: Steel exports decline by 28% y-o-y in first five months of Persian year

The steel exports of Iran’s prime steel producers have dipped by 28% y-o-y to reach 2.98 mn t, during the first five months of the current Iranian year (20 Mar-20 Aug’20). Semis exports stood 2.21 mn t (down, 18% y-o-y), while finished steel exports recorded at 744,000 t (down, 49% y-o-y).