Steel billet exports from Khorasan Steel Complex, in northeastern Iran, witnessed a growth of more than 67 percent during March 21, 2018-January 20, 2019, said the managing director of the complex on Monday.
Iran exported cast iron, iron and steel exports valued at $3.71 billion during March 21-December 21, 2018, which indicated a 37-percent increase year-on-year, according to the country's foreign trade figures.
Iran's steel exports remained steady in the nine months from March 21-December 21, 2018 despite the reimposition of US sanctions in August on metals trading, according to the CEO of Tehran-based AASIM Consulting Group.
Iran's Chaharmahal-Bakhtiari Province Automotive Sheet Making Company (CBASCO) exported galvanized sheets to Europe for the first time, according to the head of the provincial Industry, Mine and Trade Department.
Iran has the capacity to export between nine million tons to 10 million tons of steel by March 2019 if the outcomes of plans are favorable and conditions are ripe for exports, said the head of the Iranian Steel Producers' Association (ISPA).
World Steel Association (WSA) figures released on Friday showed that Iran produced over 20 million tons of crude steel in the first 10 months of 2018, ranking tenth on the world steel producers list, while China topped the list with 617.4 million tons.
World Steel Association (WSA) figures released on Tuesday showed that Iran stood 10th among crude steel producers with production of over 16 million tons while China topped the list with 617.4 million tons.