Semi-Finished Steel Imports Down 88%

EghtesadOnline: Imports of semi-finished steel dropped by 88% in the first month of the current Iranian year (started March 21) compared with last year’s corresponding period to stand at 29,000 tons, according to Iranian Steel Producers Association.

News ID: ۷۷۶۶۰۵

29 May 2017

Semis production, on the other hand, was up 15% to 1.73 million tons for the period, including 917,000 tons of slab and 817,000 tons of billet and bloom, up 17% and 13% respectively. Iranian steelmakers exported 439,000 tons of semis, up 28% year-on-year. Billet and bloom shipments made up 261,000 tons of the figure followed by slabs with 178,000 tons, up 27% and 29% respectively, Financial Tribune reported.