Crude steel exports from Iran up 8% in 2 months
TEHRAN- Iran exported 1.3 million tons of crude steel during the first two months of the current Iranian calendar year (March 21-May 21), with eight percent rise from the figure of the same period of time in the past year, according to an industry official.
The country produced 3.5 million tons of crude steel during the mentioned time span, showing 18 percent increase compared to the first two months of the past year, Deputy Industry, Mining and Trade Minister Jafar Sarqini told IRNA on Saturday.
Iran exported 5.8 million tons of crude steel in the past Iranian calendar year 1395 (ended on March 20), the official announced and said the figure is planned to hit 8 million tons in the current year and at least 15 million tons by the end of the country’s Outlook Plan for calendar year 1404 (March 2026).
According to a January report published by the World Steel Association (WSA), Iran produced 17.89 million tons of crude steel in 2016, registering an 11 percent growth compared to the figure in 2015.
The country’s crude steel output stood at 18.466 million tons in the past Iranian calendar year 1395, showing 11 percent rise from 16.656 million tons in 1394.
MA/MG