Rebar Comprises Bulk of Finished Steel Exports

EghtesadOnline: Rebar accounted for the biggest share of finished steel exports from Iran in the fiscal 2022-23 (ended March 20) with 2.42 million tons of shipments.

News ID: ۷۵۲۵۰۵

08 May 2023

Rebar accounted for the biggest share of finished steel exports from Iran in the fiscal 2022-23 (ended March 20) with 2.42 million tons of shipments.

The total volume of Iran’s rebar exports experienced a 3% decrease compared with the fiscal 2021-22, latest data released by the Iranian Steel Producers Association show.

Other finished exports during the period include beams with 136,000 tons, down 6%.

About 174,000 tons of L-beam, T-beam and other types were also exported, which register a decline of 13%.

Hot-rolled coil exports hit 357,000 tons, registering an 18% decline while that of cold-rolled coil with 21,000 tons registered a 24% rise and that of coated coil with 83,000 tons saw a 28% fall.

Iran exported 864,000 tons of direct-reduced iron during the year, down 18%.

Total exports of finished steel products declined by 6% during the period to 3.19 million tons.