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Iran's raw steel exports decline

Business Materials 26 April 2021 16:48 (UTC +04:00)
Iran's raw steel exports decline

BAKU, Azerbaijan, Apr. 26

By Elnur Baghishov – Trend:

Iran's raw steel exports amounted to 6.16 million tons in total over the last Iranian year (from March 20, 2020 through March 20, 2021), Trend reports citing Iranian Steel Producers Association (ISPA).

According to the statistics, this is a decrease of 11 percent, compared to the preceding Iranian year (from March 21, 2019 through March 19, 2020).

“In addition, Iran exported 2.84 million tons of steel products within the last Iranian year, which is a decrease of 18 percent compared to the preceding Iranian year,” the statistics said.

Moreover, Iran imported 897,000 tons of steel products during last Iranian year. This is an increase of 50 percent compared to the preceding Iranian year, the statistics said.

Table for export and import of raw steel products:

Products

Import (tons)

Export (tons)

The last Iranian year (Mar. 20, 2020 through Mar. 20, 2021)

The preceding Iranian year (Mar. 21, 2019 through Mar. 19, 2020)

Percentage change (%)

The last Iranian year (Mar. 20, 2020 through Mar. 20, 2021)

The preceding Iranian year (Mar. 21, 2019 through Mar. 19, 2020)

Percentage change (%)

Billet and bloom

4,000

3,000

33

4.56 million

4.83 million

-6

Slab

1,000

2,000

-50

1.6 million

2.07 million

-23

Total

5,000

5,000

0

6.16 million

6.9 million

-12

Table for exports and import of long steel products:

Products

Import (tons)

Export (tons)

The last Iranian year (Mar. 20, 2020 through Mar. 20, 2021)

The preceding Iranian year (Mar. 21, 2019 through Mar. 19, 2020)

Percentage change (%)

The last Iranian year (Mar. 20, 2020 through Mar. 20, 2021)

The preceding Iranian year (Mar. 21, 2019 through Mar. 19, 2020)

Percentage change (%)

Steel poles

10,000

10,000

0

170,000

194,000

-12

Fittings

27,000

34,000

-21

1.83 million

2.23 million

-18

Steel angle

43,000

46,000

-7

189,000

223,000

-17

Total

80,000

90,000

-11

2.19 million

2.65 million

-17

Table for production of all steel products:

Products

Import (tons)

Export (tons)

The last Iranian year (Mar. 20, 2020 through Mar. 20, 2021)

The preceding Iranian year (Mar. 21, 2019 through Mar. 19, 2020)

Percentage change (%)

The last Iranian year (Mar. 20, 2020 through Mar. 20, 2021)

The preceding Iranian year (Mar. 21, 2019 through Mar. 19, 2020)

Percentage change (%)

Hot rolled steel sheet

340,000

127,000

168

540,000

536,000

1

Cold rolled steel sheet

268,000

157,000

71

26,000

120,000

-78

Galvanized steel

209,000

224,000

-7

79,000

149,000

-47

Sum of steel rolls

817,000

508,000

61

645,000

805,000

-20

Total

897,000

598,000

50

2.84 million

3.45 million

-18

According to the report, Iran exported 843,000 tons of sponge iron last Iranian year. This is a decrease of 11 percent compared to 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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