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Iran's raw steel exports shrink

Finance Materials 25 February 2021 16:20
Iran's raw steel exports shrink

BAKU, Azerbaijan, Feb. 25

By Elnur Baghishov – Trend:

Iran's raw steel exports amounted to 5.13 million tons in total, during the first 10 months of the current Iranian year (from March 20, 2020 through January 19, 2021), Trend reports citing Iranian Steel Producers Association (ISPA).

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

“In addition, Iran exported 2.37 million tons of steel products within 10 months, which is a decrease of 20 percent compared to the same period last Iranian year,” the report said.

Moreover, Iran imported 800,000 tons of steel products over the 10 months. This is an increase of 102 percent compared to the same period last Iranian year,” the report said.

Products

Import (tons)

Export (tons)

The first 10 months of the current Iranian year (Mar. 20, 2020 through Jan. 19, 2021)

The first 10 months of the last Iranian year (Mar. 21, 2019 through Jan. 20, 2020)

Percentage change (%)

The first 10 months of the current Iranian year (Mar. 20, 2020 through Jan. 19, 2021)

The first 10 months of the last Iranian year (Mar. 21, 2019 through Jan. 20, 2020)

Percentage change (%)

Steel poles

9,000

9,000

0

151,000

157,000

-4

Fittings

24,000

29,000

-17

1.49 million

1.92 million

-22

Steel angle

41,000

11,000

273

159,000

195,000

-18

Long steel products

74,000

49,000

51

1.8 million

2.27 million

-21

Hot rolled steel sheet

308,000

67,000

360

476,000

467,000

2

Cold rolled steel sheet

226,000

117,000

93

26,000

110,000

-76

Galvanized steel

192,000

163,000

18

73,000

136,000

-46

Steel Rollers

726,000

347,000

109

575,000

713,000

-19

All steel products

800,000

396,000

102

2.37 million

2.98 million

-20

Billet and bloom

4,000

2,000

100

3.92 million

4.09 million

-4

Slab

1,000

1,000

0

1.2 million

1.72 million

-30

Raw steel

5,000

3,000

67

5.13 million

5.82 million

-12

Sponge steel

0

0

0

666,000

886,000

-25

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