Iran’s Steel Exports Up 22% Y-o-Y

During the last Iranian year ending on 19 Mar’20, Iran’s steel exports stood at 10.36 MnT to book a Y-o-Y rise of 22.21%, Iranian Steel Producers Association’s latest report shows.

Semi-finished steel made up 6.9 MnT of the total exports, up 26% Y-o-Y. Billet and bloom exports were recorded at 4.83 MnT while that of the slab was at 2.07 MnT to register a Y-o-Y rise of 24% and 31% respectively.

— Finished steel exports were recorded at 3.45 MnT to book a Y-o-Y rise of 16%, during the period under consideration

— Long steel products had the major share in finished steel production with 2.65 MnT, up 26% Y-o-Y. Rebar production was recorded at 2.23 MnT by registering a Y-o-Y growth of 35%.

–While, flat steel production reached 805,000 MT (down, 8% Y-o-Y). HRC had the major share in the category with 536,000 MT (down 19% Y-o-Y).

Iran steel exports in the last Iranian year

Category Commodity Sub Commodity Exports in MnT Y-o-Y Change in %
Semi-Finished Steel Billet & Bloom 4.83 +24%
Slab 2.07 +31%
Total 6.9 +26%
Finished Steel Long Rebar 2.23 +35%
L, T and other Beam Types 0.22 +5%
Beam 0.19 -20%
Total 2.65 +26%
Flat HRC 0.53 -19%
Coated Coil 0.14 -13%
CRC 0.12 +179%
Total 0.80 -8%

~Inputs from Financial Tribune

 


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