Steel Exports Hit 128% Rise in Iran

Date: 17 July 2021 - 21:29

News ID: ۹۲۵۴۰

TEHRAN - Iran’s export of steel registered a 128 percent growth in the first three months of the current Iranian calendar (from March 21 to June 21) as compared to the same period of last year.
According to the statistics, major domestic steel production companies exported more than 2,078,036 tons of steel in first quarter of the current Iranian calendar year, showing a 128 percent hike as compared to the last year’s corresponding period.
Among domestic steel companies, Khuzestan Steel Company (KSC) showed excellent performance in a way that the company managed to export 523,321 tons of blooms, billets and slabs in the first three months of the current year, recording a 92 percent growth as compared to the same period of last year.
Esfahan Steel Company too, with 315,844 tons export and growth of 75%, and Mobarakeh Steel Company with an export of 267,861 tons and growth of 325% stood in the second and third-ranking.
Bloom, billets, slabs, wide sheets, alloy-engineering sections, rebars, sponge iron, and hot briquettes are the major steel products for exporting among Iranian steel companies.
Another statistic indicated that Islamic Republic of Iran exported nine million tons of steel, including crude steel and steel products, last year (ended March 20, 2021), showing a 13.1 percent decline as compared to a year earlier.