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Iron, Steel 4th in list of Iranian major exports: ITDO

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Iron and steel exports fetched dlrs 763 million over the past nine months, Iran Trade Development Organization said on Wednesday.

It said that the steel manufacturers exported 1,6661,000 tons of steel, up by six percent compared to that of the preceding period.
Over 1,178,000 tons of crude steel was exported over the past nine months, showing a growth of 47 percent compared to the figure (803,000 tons) recorded in the preceding period.
It said that a total of more than 2,800,000 tons of steel items (both crude steel and steel products) were exported over the past nine months.
ITDO said that a total of 2,500,000 tons of steel products were exported last year.
Studies show that in the period under study , the five top markets for Iranian exported steel were China with $5.051 billion worth supply followed by Iraq with a supply of $4.321 billion such products, the UAE with $3.871 billion, India with $1.979 billion and Afghanistan with $1.890 billion.
Iran is the 14th major steel maker and its steel output capacity is expected to reach 55 million tons by next nine years.

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