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Iran sees surge in exports of raw steel, steel products

Business Materials 16 February 2022 15:11 (UTC +04:00)
Iran sees surge in exports of raw steel, steel products

BAKU, Azerbaijan, Feb. 16

By Elnur Baghishov – Trend:

Iran's raw steel exports amounted to 5.8 million tons in total, during the first 10 months of the current Iranian year (from March 21, 2021 through January 20, 2022), Trend reports via the statistics of the Iranian Steel Producers Association (ISPA).

According to the statistics, this is an increase of 13 percent, compared to the same period last Iranian year.

“In addition, Iran exported 2.73 million tons of steel products in 10 months, which is an increase of 15 percent compared to the same period last Iranian year,” the statistics said.

Moreover, Iran imported 592,000 tons of steel products within the mentioned period. This is a decrease of 26 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)

First 10 months of the current Iranian year (Mar. 21, 2021 through Jan. 20, 2022)

First 10 months of the last Iranian year (Mar. 20, 2020 through Jan. 19, 2021)

Percentage change (%)

First 10 months of the current Iranian year (Mar. 21, 2021 through Jan. 20, 2022)

First 10 months of the last Iranian year (Mar. 20, 2020 through Jan. 19, 2021)

Percentage change (%)

Billet and bloom

4,000

2,000

-50

3.92 million

3.92 million

0

Slab

3,000

1,000

200

1.89 million

1.2 million

56

Total

5,000

5,000

0

5.8 million

5.13 million

13

Table for production of steel products:

Products

Import (tons)

Export (tons)

First 10 months of the current Iranian year (Mar. 21, 2021 through Jan. 20, 2022)

First 10 months of the last Iranian year (Mar. 20, 2020 through Jan. 19, 2021)

Percentage change (%)

First 10 months of the current Iranian year (Mar. 21, 2021 through Jan. 20, 2022)

First 10 months of the last Iranian year (Mar. 20, 2020 through Jan. 19, 2021)

Percentage change (%)

Hot rolled steel sheet

113,000

308,000

-63

389,000

476,000

-18

Cold rolled steel sheet

226,000

226,000

0

16,000

26,000

-38

Galvanized steel

178,000

192,000

-7

90,000

73,000

23

Sum of steel rolls

523,000

726,000

-28

495,000

575,000

-14

Table for exports and import of long steel products:

Products

Import (tons)

Export (tons)

First 10 months of the current Iranian year (Mar. 21, 2021 through Jan. 20, 2022)

First 10 months of the last Iranian year (Mar. 20, 2020 through Jan. 19, 2021)

Percentage change (%)

First 10 months of the current Iranian year (Mar. 21, 2021 through Jan. 20, 2022)

First 10 months of the last Iranian year (Mar. 20, 2020 through Jan. 19, 2021)

Percentage change (%)

Steel poles

14,000

9,000

56

118,000

151,000

-22

Fittings

24,000

24,000

0

1.95 million

1 .49 million

31

Steel angle

31,000

41,000

-24

164,000

159,000

3

Sum of long steel products

69,000

74,000

-7

2.23 million

1.8 million

24

Total

586,000

681,000

-14

2.48 million

1.98 million

25

According to the report, Iran exported 985,000 tons of sponge iron in 10 months. This is an increase of 48 percent, compared to the same period last Iranian year.

So, 666,000 tons of sponge iron were exported in Iran in the same period last Iranian year.

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