Iran’s apparent steel usage rise by 22% during the current H1 Persian Year

Iran’s apparent finished steel usage during H1 Persian Year (20 Mar-20 Sep’20) has reached ~10.4 mn t posing a 22% y-o-y growth, according to a recently published Financial Tribune report. Apparent usage is calculated as production plus imports minus exports. Flat steel products accounted for a share of 4.73 mnt, up 15% y-o-y