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Exports of Iranian steel ingot had a 42 percent growth for 11 months of the past Iranian year (ended on March 19. 2020), compared to the same period the year before.
The exports weighed approximately 6.3 million tons over the past Iranian year showing a significant rise in the figure compared to the previous year, according to the Steel Iran report.
Moreover, steel products for exports have had a 25 percent growth during the same period.
Despite a growth in exports, ingot steel imports- 3,000 tons- have witnessed an 89 percent plummet in the past Iranian year in comparison with last year’s figure of 28,000 tons.
Meanwhile, according to a report on March 12, 2020, Iran’s exports of steel skyrocketed by nearly 68 percent in the single month ending February 19.
The report indicated that steel exports from the country topped 6,513,123 million metric tons in a time span between March 21, 2019 and February 19, 2020, which indicates a surge of 28 percent compared to the similar period spanning 2018-2019.
