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Iranian Steel mills see 25% export decline in one year

Steel News - Published on Thu, 25 Apr 2019

Image Source: Financial Tribune
Financial Tribune reported that Iran's major steel producers exported 5.54 million metric tonnes of steel in the last Iranian year (to March 20). As per mines and metals state holding company Imidro. This marked a 25% decrease compared to the previous year. The data exclude exports by smaller private-sector producers. With some 2.18 million tonne of billet and slab exported in the last Iranian year. Khouzestan Steel Co Iran's second largest producer, was the largest exporter and saw its exports decline 21% year on year.

Some 690.000 tonne of flats were exported by Mobarakeh Steel Co the largest Iranian steel producer, a 32% decrease MSC is subject to EU anti-dumping measures and does not export to these countries.

About 582.000 million tonne of slab were exported in this period by Hosco, MSC's affiliated company, a 47% decrease on year. Hosco is a 1.5 million EAF-based slab producer close to the Persian Gulf that is considered one of Iran's most advanced steel plants.

Source :

Posted By : Ratan Singh on Thu, 25 Apr 2019
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