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Iran's raw steel exports increase

Business Materials 15 June 2021 15:54 (UTC +04:00)
Iran's raw steel exports increase

BAKU, Azerbaijan, Jun. 15

By Elnur Baghishov – Trend:

Iran's raw steel exports amounted to 967,000 tons in total during the first two months of the current Iranian year (from March 21 through May 21, 2021), Trend reports citing Iranian Steel Producers Association (ISPA).

According to the statistics, this is an increase of 134 percent, compared to the same period last Iranian year.

“In addition, Iran exported 477,000 tons of steel products over the first two months of the current Iranian year, which is an increase of 93 percent compared to the same period last Iranian year,” the statistics said.

Moreover, Iran imported 115,000 tons of steel products within the mentioned period. This is an increase of 32 percent compared to the same period last Iranian year, the statistics said.

Table for export and import of raw steel products:

Products

Import (tons)

Export (tons)

The first two months of the current Iranian year (from Mar. 21 through May 21, 2021)

The first two months of the last Iranian year (from Mar. 20 through May 20, 2020)

Percentage change (%)

The first two months of the current Iranian year (from Mar. 21 through May 21, 2021)

The first two months of the last Iranian year (from Mar. 20 through May 20, 2020)

Percentage change (%)

Billet and bloom

-

-

-

652,000

343,000

90

Slab

-

-

-

315,000

71,000

344

Total

-

-

-

967,000

414,000

134

Table for production of steel products:

Products

Import (tons)

Export (tons)

The first two months of the current Iranian year (from Mar. 21 through May 21, 2021)

The first two months of the last Iranian year (from Mar. 20 through May 20, 2020)

Percentage change (%)

The first two months of the current Iranian year (from Mar. 21 through May 21, 2021)

The first two months of the last Iranian year (from Mar. 20 through May 20, 2020)

Percentage change (%)

Hot rolled steel sheet

31,000

27,000

15

31,000

11,000

182

Cold rolled steel sheet

42,000

25,000

68

0

8,000

-100

Galvanized steel

33,000

32,000

3

9,000

6,000

100

Sum of steel rolls

106,000

84,000

26

40,000

25,000

60

Table for exports and import of long steel products:

Products

Import (tons)

Export (tons)

The first two months of the current Iranian year (from Mar. 21 through May 21, 2021)

The first two months of the last Iranian year (from Mar. 20 through May 20, 2020)

Percentage change (%)

The first two months of the current Iranian year (from Mar. 21 through May 21, 2021)

The first two months of the last Iranian year (from Mar. 20 through May 20, 2020)

Percentage change (%)

Steel poles

1

0

100

25,000

16,000

56

Fittings

5,000

2,000

150

373,000

188,000

98

Steel angle

3,000

1,000

200

39,000

18,000

117

Sum of long steel products

9,000

3,000

200

437,000

222,000

97

Total

115,000

87,000

32

477,000

247,000

93

According to the report, Iran exported 120,000 tons of sponge iron in the two months. This is an increase of 500 percent compared to the same period last Iranian year. So, 20,000 tons of sponge iron were exported in Iran in the same period last Iranian year.

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