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Iran steel exports surge

Business Materials 16 September 2018 15:59

Tehran, Iran, Sept. 16

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Iranian steelmakers exported 3.1 million tons of products during the first five months of the current fiscal year (started March 21), the Iranian Steel Producers Association said.

According to figures released by the association, the exports over 5 months to August 22 registered a 5 percent growth compared to the same period last year, IRNA reported on September 16.

Khuzestan Steel Company took the lead among other Iranian steel corporations by exporting over 1,110,000 tons of crude during the period.

The steel companies of Zob Ahan Esfahan and Khuzestan Oxin also exported over 463,000 and 13,000 tons of steel, respectively.

Products produced by other Iranian companies accounted for the rest of the exports.

Export destinations included Italy, Thailand, Indonesia, Afghanistan, Oman, Egypt, Taiwan, Iraq, Turkey, India, Sudan, Jordan, Belgium, the UAE and Spain.

The exported products comprised hot- and cold-rolled coil, galvanized sheets, ingots, pipes and rebar.

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