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Iran's raw steel exports decrease

Business Materials 6 April 2021 10:52 (UTC +04:00)
Iran's raw steel exports decrease

BAKU, Azerbaijan, Apr. 6

By Elnur Baghishov – Trend:

Iran's raw steel exports amounted to 5.6 million tons in total, during the first 11 months of the last Iranian year (from March 20, 2020 through February 18, 2021), Trend reports citing Iranian Steel Producers Association (ISPA).

According to the statistics, this is a decrease of 12 percent compared to the same period preceding Iranian year.

“In addition, Iran exported 2.64 million tons of steel products within 11 months, which is a decrease of 19 percent compared to the same period preceding Iranian year,” the statistics said.

Moreover, Iran imported 847,000 tons of steel products over 11 months. This is an increase of 90 percent compared to the same period preceding Iranian year, the statistics said.

Table for export and import of raw steel products:

Products

Import (tons)

Export (tons)

The first 11 months of the last Iranian year (Mar. 20, 2020 through Feb. 18, 2021)

The first 11 months of the preceding Iranian year (Mar. 21, 2019 through Feb. 19, 2020)

Percentage change (%)

The first 11 months of the last Iranian year (Mar. 20, 2020 through Feb. 18, 2021)

The first 11 months of the preceding Iranian year (Mar. 21, 2019 through Feb. 19, 2020)

Percentage change (%)

Billet and bloom

4,000

2,000

100

4.22 million

4.44 million

-5

Slab

1,000

1,000

0

1.37 million

1.91 million

-28

Total

5,000

3,000

67

5.6 million

6.35 million

-12

Table for exports and import of long steel products:

Products

Import (tons)

Export (tons)

The first 11 months of the last Iranian year (Mar. 20, 2020 through Feb. 18, 2021)

The first 11 months of the preceding Iranian year (Mar. 21, 2019 through Feb. 19, 2020)

Percentage change (%)

The first 11 months of the last Iranian year (Mar. 20, 2020 through Feb. 18, 2021)

The first 11 months of the preceding Iranian year (Mar. 21, 2019 through Feb. 19, 2020)

Percentage change (%)

Steel poles

9,000

9,000

0

160,000

181,000

-12

Fittings

25,000

32,000

-22

1.68 million

2.1 million

-20

Steel angle

42,000

12,000

250

170,000

211,000

-19

Total

76,000

53,000

43

2.01 million

2.49 million

-19

Table for production of all steel products:

Products

Import (tons)

Export (tons)

The first 11 months of the last Iranian year (Mar. 20, 2020 through Feb. 18, 2021)

The first 11 months of the preceding Iranian year (Mar. 21, 2019 through Feb. 19, 2020)

Percentage change (%)

The first 11 months of the last Iranian year (Mar. 20, 2020 through Feb. 18, 2021)

The first 11 months of the preceding Iranian year (Mar. 21, 2019 through Feb. 19, 2020)

Percentage change (%)

Hot rolled steel sheet

323,000

96,000

236

526,000

519,000

1

Cold rolled steel sheet

250,000

133,000

88

26,000

114,000

-77

Galvanized steel

198,000

163,000

21

77,000

144,000

-47

Sum of steel rolls

771,000

392,000

97

629,000

777,000

-19

Total

847,000

445,000

90

3.27 million

2.64 million

-19

According to the report, Iran exported 819,000 tons of sponge iron within 11 months of last Iranian year. This is a decrease of 13 percent compared to the same period of the preceding Iranian year. So, 942,000 tons of sponge iron were exported in Iran in the same period preceding Iranian year.

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