Iran Exports $7 Billion Steel Products in 11 Months: ISPA

Iran exported $7 billion worth of steel products in the 11 months of the current Iranian calendar year (March 21, 2023, to February 22, 2024), showing a 20 percent hike compared to last year’s corresponding period.

News ID: ۸۲۸۶۲۳

04 March 2024

EghtesadOnline: According to the Iranian Steel Producers Association (ISPA), Iran exported about 27 million tons of steel products, showing a 68 percent hike compared to the same period last year.

The steel exports hike in the country in the 11 months of the current Iranian calendar year has taken place with the help of the export of iron ore concentrate and pellets.

Iran’s export of steel chain topped $6.2 billion in the first 10 months of the current Iranian calendar year, according to a report, the association announced in its previous report.

It said 153,000 tons of iron beam, valued at $82 million, were exported from the country from March 21, 2023, to January 22, 2024, showing a 31% hike in volume compared to the same period last year.

In total, 117,000 tons of iron beams, valued at $72 billion, were exported from the country between March 21, 2022, and January 22, 2023. / Tasnim