Iran: Major Mills Report 8% Y-o-Y Increase in Steel Exports

According to Mining News Pro - With a total of 1.08 million tons of exports during the first seven Iranian months (March 21 - Oct, 22) and 82,296 MT in the seventh month (Sept 23 - Oct 22), Khouzestan Steel Company booked itself as the Iran`s largest steel exporter during the period under review.

According to latest data released by the Iranian Mines and Mining Industries Development and Renovation Organization, the mill experienced a Y-o-Y decline of 19% in exports during the seven months and 42% in the seventh month.

Mobarakeh Steel Company (MSC), located in Isfahan, was the second largest exporter as it shipped out 885,397 MT during the seven months under review, up 23% compared with last year`s corresponding period. During the seventh month of the current Iranian year, MSC exported 132,512 MT abroad, to register a Y-o-Y growth of 145%.

Esfahan Steel Company (ESCO) registered itself as the third largest exporter. The company’s exports were recorded at 681,868 MT during the seven months, up 12% Y-o-Y. During the seventh month, ESCO exported 114,653 MT to register a Y-o-Y growth of 193%.

Below table indicates the company wise exports of major Iranian steel producers during seven months of Persian year.