EghtesadOnline: Steel manufacturing chain products (iron ore, semi-finished and finished steel) topped the list of exports in terms of value with an aggregate of $1.65 billion, followed by iron ore pellets worth $262.87 billion and copper and related products worth $201B.
EghtesadOnline: Iranian steelmakers produced a total of 6.31 million tons of semi-finished products during the first two months of the current fiscal year (March 21-May 21), 7.4% more than in the previous year’s corresponding period, the Iranian Steel Producers Association said in a new report.
EghtesadOnline: Rebar accounted for the biggest share of finished steel exports from Iran in the fiscal 2022-23 (ended March 20) with 2.42 million tons of shipments.
EghtesadOnline: Pakistan’s steel industry has urged Prime Minister Shehbaz Sharif take action against ongoing smuggling of steel from neighboring countries, which is inflicting huge losses on the national exchequer.
EghtesadOnline: The sharp drop in temperatures across Iran in recent weeks has led to an unprecedented increase in energy consumption, which is also blamed on the cheap price of gas.
EghtesadOnline: With 7.25 million tons, rebars accounted for the lion’s share of finished steel production in Iran during the first eight months of the current Iranian year (March 21-Nov. 21), according to the Iranian Steel Producers Association.
EghtesadOnline: Iran's apparent steel use in the first eight months of the current Iranian year (March 21-Nov. 21) has increased significantly compared with last year's corresponding period.
EghtesadOnline: Iranian steelmakers produced a total of 21.13 million tons of semis and 14.74 million tons of finished steel during March 21-Nov. 21.
EghtesadOnline: A total of 25.55 million tons of minerals and mining industry products worth $6.66 billion were exported in the seven months, to register a 6% decline in tonnage and a 1% decline in value year-on-year.
EghtesadOnline: Iraq accounted for one-fifth of Iran’s total steel shipments during March 21-Sept. 22. Indonesia with 15.3%, China with 15.1%, Thailand with 9.4%, Oman with 8.1%, UAE with 7.8%, Turkey with 4.6% n Ghana with 2.9% were other major steel export destinations.