Fall in Iran's Exports of Steel Products

As announced by the Iranian Steel Producers Association (ISPA), Iran exported about 1.5 million tons of steel products during the first half of the current Iranian calendar year (March 21-September 22). As the association has announced, 11.112 million tons of steel products were produced in the country during the six-month period. Iran exported 3.199 million tons of steel products in the past Iranian calendar year 1401 (ended on March 20), the ISPA has previously reported.

The country’s steel products export fell 6% in 1401, as compared to 1400 when the figure was 3.406 million tons. The Iranian Steel industry has been constantly developing over the past years against all the pressures and obstacles created by outside forces like the U.S. sanctions and the coronavirus outbreak that has severely affected the performance of the world’s top producers. The country is expected to climb to seventh place among the world’s top steel producers by the Iranian calendar year 1404 (March 2025). - Tehran Times