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Exports of Iran's steel products declines

Business Materials 20 January 2021 13:54
Exports of Iran's steel products declines

BAKU, Azerbaijan, Jan. 20

By Elnur Baghishov – Trend:

The export of Iran's steel products amounted to 1.98 million tons in total, during the first 9 months of the current Iranian year (from March 20 through December 20, 2020), Trend reports citing Iranian Steel Producers Association (ISPA).

According to the report, this is a decrease of 27 percent compared to the same period last Iranian year.

“In addition, Iran imported 681,000 tons of steel products within nine months, which is an increase of 74 percent compared to the same period last Iranian year,” the report said.

Iran's raw steel exports over the reporting period amounted to 4.47 million tons, which is a decrease of 12 percent compared to the same period last Iranian year.

Products

Import (tons)

Export (tons)

First nine months of the current Iranian year (Mar. 20 through Dec. 20, 2020)

First nine months of the last Iranian year (Mar. 21 through Dec. 21, 2019)

Percentage change (%)

First nine months of the current Iranian year (Mar. 20 through Dec. 20, 2020)

First nine months of the last Iranian year (Mar. 21 through Dec. 21, 2019)

Percentage change (%)

Steel poles

8,000

8,000

0

138,000

146,000

-5

Fittings

22,000

26,000

-15

1.23 million

1.76 million

-30

Steel angle

36,000

10,000

260

147,000

173,000

-15

Long steel products

66,000

44,000

50

1.51 million

2.07 million

-27

Hot rolled steel sheet

267,000

67,000

299

387,000

425,000

-9

Cold rolled steel sheet

170,000

107,000

59

25,000

99,000

-75

Galvanized steel

178,000

174,000

2

59,000

130,000

-55

Steel Rollers

615,000

348,000

77

471,000

654,000

-28

All steel products

681,000

392,000

74

1.98 million

2.73 million

-27

Billet and bloom

3,000

2,000

50

3.45 million

3.53 million

-2

Slab

1,000

1,000

0

1.03 million

1.54 million

-33

Raw steel

4,000

3,000

33

4.47 million

5.07 million

-12

Sponge steel

0

0

0

453,000

823,000

-45

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