Iran steel exports rise 40% to 5.8 million tons in H1

Financial Tribune – A total of 5.89 million tons of finished and semi-finished steel products were exported from Iran during the first half of the current Iranian year (March 21-Sept. 22) to register a 40.84% year-on-year increase, according to the Iranian Steel Producers Association’s latest report.

Semi-finished steel made up 4.02 million tons or 68.18% of the total export volume, up 43% YOY.

Billet and bloom had the lion’s share of semis exports with an aggregate of 2.96 million tons to mark an 88% rise YOY. Slab followed with 1.05 million tons, down 15% YOY.

Exports of finished steel products increased 37% YOY to reach 1.87 million tons.

Long steel products had the biggest share of finished products exports with a total of 1.39 million tons (74.52%) to register a 67% growth YOY.