Iran's seven-month steel imports shrink 33% on lower HRC deliveries

Iran imported 1.15 million tonnes of steel products over the first seven months of the current Iranian year (April-October 2017), down by 33% year-on-year, according to a report from the Iranian Steel Producers Association (ISPA).

The decrease was mainly due to reduced deliveries of hot-rolled coil (HRC), with volumes down by 54% year-on-year over the seven months, to 501,000 tonnes.

Of these, 373,000 tonnes was HRC in thicknesses of less than 3 mm, which was down by 54% year-on-year. The other 128,000 tonnes was HRC in thickness of more than 3 mm. This was down by 50% year-on-year in...

Published

Vlada Novokreshchenova

November 29, 2017

13:18 GMT

Dnepr