Sharp Decline in Iranian Steel Imports

By John Lee.

Platts reports that Iranian steel imports fell 33 percent to 1.2 million mt in the first seven months of the year (April-October), citing data from the Iranian Steel Producers’ Association (ISPA).

Over the same period, only 26,000 mt of semi-finished products were imported, a fall of 83 percent, along with 501,000 mt of hot-rolled coil, a drop of 54 percent.

Flat products were the country’s main imported steel product in this period.

(Source: Platts)

(Picture Credit: Tasnim, under Creative Commons licence)

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