Iran: Steel exports of major mills fall by 61% y-o-y
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The steel exports of Iranian major steel producers, during the first two months of the current Iranian year (20 Mar'20- 20 May'20) stood at 404,644 t, registering a y-o-y decline of 61%. While during May'20 the exports of these majors' were recorded at 183,052 t, down 70% y-o-y. The decline in exports was primarily due to trades in the domestic market and the imposition of a limit on exports.
With 144,663 t of exports, Khouzestan Steel Company stood Iran's largest steel exporter. However, the mill has experienced a y-o-y decline of 64%, during the period under consideration.
Below table shows the exports figures for major Iranian mills-
| Company Name | Exports (in t) | y-o-y Change |
| Khouzestan Steel Company | 144,663 | -64% |
| Esfahan Steel Company | 100,804 | -34% |
| South Kaveh Steel Company (Billets) | 70,000 | -33% |
| South Kaveh Steel Company (DRI) | 10,000 | -27% |
| Hormozgan Steel Company (Slabs) | 31,566 | -80% |
| Bonab Steel Company (Rebars) | 4,550 | +349% |
| Chadormalu Mining and Industrial Complex (Billets) | 27,429 | - |
~ Inputs from Financial Tribune
PS: Apart from the above-mentioned manufacturers, few reports, including Financial Tribune have also listed Mobarakeh Steel Company, in the top exporting companies list, since, SteelMint could not confirm the export figures of the Company until the publishing time of this report, hence is not in the above table.
