TEHRAN (Iran News) – Steel Exports Rise 146% in 2 Months. Iran’s major steel producers exported 1.14 million tons of steel during the first two months of the current Iranian calendar year (March 21-May 21), which was 146 percent more than the figure of the same period of time in the past year.
Meanwhile, these producers exported over 632,000 tons of steel in the second month of this year, which was 187 percent higher than the figure of the second month of the previous year.
As reported, in the first two months of this year, the highest amount of steel exports was made by Khuzestan Steel Company with 341,187 tons, followed by Esfahan Steel Company with 213,873 tons and Mobarakeh Steel Company with 106,032 tons in the second and third ranks.
Iran’s export of steel during the previous Iranian calendar year 1399 (ended on March 20) declined 13.1 percent compared to the figure for the preceding year, data released by the Iranian Steel Producers Association (ISPA) showed.
Based on the mentioned data, the country exported nine million tons of steel in the previous year while the exports in the Iranian calendar year 1398 stood at 10.362 million tons.
According to ISPA, over 2.839 million tons of steel products were also exported in the mentioned year, registering an 18-percent decline year on year.
As ISPA data indicated, the exports of steel products, intermediate steel and sponge iron all declined last year, and despite significant output growth and the demand decline in domestic construction sector, the exports of the mentioned products did not increase due to the pandemic.
Iran is planning to produce 32 million tons of steel in the current Iranian calendar year (ends on March 2022) to register a 27.7 percent rise compared to the figure for the previous year.
Based on the Industry, Mining, and Trade Ministry data, Iranian steel companies managed to produce 28.374 million tons of steel in the previous Iranian calendar year.