Iran’s steel exports up 37 percent in Q1

Tuesday, 15 August 2023 13:33:41 (GMT+3)   |   Istanbul

The Iranian Steel Producers Association has announced Iran’s steel export data for the first three months (March 21, 2023-June 22, 2023) of the current Iranian year.

In the given period, Iran’s total steel exports rose by 37.0 percent year on year.

In particular, in the first quarter the country’s beam exports grew by 106.3 percent year on year to 66,000 mt, while its rebar exports reached 800,000 mt from 674,000 mt recorded in the same period of the previous year. Iran’s billet and bloom exports amounted to 1.45 million mt, down by 10.5 percent year on year.

Meanwhile, sponge iron exports moved down by 65.1 percent year on year to 58 million mt, while hot briquetted iron (HBI) exports came to 58,000 mt, down by 65.0 percent from the same period last year.

In addition, in the first three months of the year, Iran’s slab exports totaled 646,000 mt, up by 10.6 percent year on year, while its coated steel exports dropped to 2,000 mt from 28,000 mt recorded in the same period of last year.

Iran ranked seventh in world steel production in June this year.

ElifKefeli
Elif Kefeli
Editor
All Articles by the Author

I graduated from Yeditepe University’s Department of Translation and Interpreting Studies in 2017. I joined SteelOrbis in 2021, where I currently work as a content specialist. I am writing news reports and industry-related content with a special focus on decarbonization, green steel, sustainability, and recycling.

Marketplace Offers

HEA

Width 100 - 1,000 mm
 
Tedarikçi YILGENCI SAN. VE TIC. A.S.
View Offer

NPU Beams

Width 65 - 400 mm
 
Tedarikçi YILGENCI SAN. VE TIC. A.S.
View Offer

NPI Beams

Width 80 - 400 mm
 
Tedarikçi YILGENCI SAN. VE TIC. A.S.
View Offer

Similar articles

Slowdown in Turkey’s steel exports continues in September

Turkish iron and steel product exports up 3.7 percent in Feb

Ex-China HDG prices edge down slightly, further domestic weakness expected

Ex-Asia wire rod prices stable amid weak post-holiday start, still some hopes for rebound

EU HRC prices remain stable, import buyers still cautious

China returns from holiday on pessimistic note, HRC export offers slip

Egypt's Al Ashry Steel targets 20-30 percent IPO in H1 2027 to fund billet expansion

Flat steel prices in local Taiwanese market - week 41, 2026

Ex-India HDG prices stable, large mills focus on meeting local demand

Major steel and raw material futures prices in China - October 8, 2026