The Iranian Steel Producers Association (ISPA) announced that the volume of iron and steel exports rose 17%, equal to 796,000 tons, reversing a decline seen in the first quarter.<\/p>\n
It added that the exports of iron ore concentrate jumped 80 percent year-on-year, raising concerns among steelmakers over reduced domestic supply.<\/p>\n
In contrast, exports of long steel products continued to fall sharply. Rebar, which accounted for over 85% of long product exports last year, dropped 31% over the five-month period.<\/p>\n
Meanwhile, a stronger export strategy by Mobarakeh Steel Group companies, including the main plant and Chaharmahal and Bakhtiari Automotive Sheet, increased foreign currency revenues by $122 million from flat steel products. Their total exports reached $216 million in the same period.<\/p>\n
Official figures reported by the ISPA indicated in August that intermediate steel production reached 10, 864,000 tons in the first 4 months of the current Persian calendar year (started on March 21), showing a 0.7% increase compared to the same period last year.<\/p>\n
Intermediate steel production reached 10, 864,000 tons in the first four months of this year, which indicates a 0.7% increase in the country’s steel production compared to the same period in the previous year.<\/p>\n
With a production of 311,000 tons in the first four months of this year compared to the same period last year, figures show a 39.5% decrease in steel production, although rebar production shows a 2.7% increase compared to the same period last year with 3, 516,000 tons.<\/p>\n
The total production of long steel sections in the first four months of this year was 4, 124,000 tons, which has recorded a 3% decrease compared to the same period last year.<\/p>\n
Hot and cold rolled steel also reported a 6% decrease in production, each separately, compared to the first four months of last year.<\/p>\n","protected":false},"excerpt":{"rendered":"
The Iranian Steel Producers Association (ISPA) announced that the volume of iron and steel exports rose 17%, equal to 796,000 tons, reversing a decline seen in the first quarter. It […]<\/p>\n","protected":false},"author":2,"featured_media":1460,"comment_status":"open","ping_status":"closed","template":"","news_category":[20],"class_list":["post-1456","news","type-news","status-publish","has-post-thumbnail","hentry","news_category-news"],"_links":{"self":[{"href":"https:\/\/bidestansteel.com\/en\/wp-json\/wp\/v2\/news\/1456","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bidestansteel.com\/en\/wp-json\/wp\/v2\/news"}],"about":[{"href":"https:\/\/bidestansteel.com\/en\/wp-json\/wp\/v2\/types\/news"}],"author":[{"embeddable":true,"href":"https:\/\/bidestansteel.com\/en\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/bidestansteel.com\/en\/wp-json\/wp\/v2\/comments?post=1456"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bidestansteel.com\/en\/wp-json\/wp\/v2\/media\/1460"}],"wp:attachment":[{"href":"https:\/\/bidestansteel.com\/en\/wp-json\/wp\/v2\/media?parent=1456"}],"wp:term":[{"taxonomy":"news_category","embeddable":true,"href":"https:\/\/bidestansteel.com\/en\/wp-json\/wp\/v2\/news_category?post=1456"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}