Iran’s semis exports up 35% on year in first month of Islamic year

Iran’s steel exports, including semi-finished and finished steel products, during the first month of the Iranian new year (20 Mar ’21 – 20 Apr ’21) stood at 831,000 t, recent data released by the Iranian Steel Producers Association shows.

• Semi-finished steel exports were recorded at 566,000 t, up 35% y-o-y, with billet/blooms occupying the largest share.
• Exports of finished steel products jumped 215% y-o-y to 265,000 t.
• DRI exports rose sharply by 250% to 70,000t.