General

Iran steel exports up 48%

Tehran, IRNA – Iranian steel giants exported 3,811,617 million tons of steel during the first half of the current Iranian calendar year (starting on March 21) and experienced an 18-percent growth compared with the same period last year.

The exported steel products consisted of blooms, billets, slabs, all kinds of engineering alloy, rebars, sponge iron, and hot briquettes iron.

Khouzestan Steel Company with 903,757 tons exports has had the best performance.

Mobarakeh Steel Company and Esfahan Steel Company stood second and third.

Iran enjoys 68 different types of minerals. It has 2.7 billion tons of iron ore reserves and 2.6 billion tons of copper ore reserves.

Source: Islamic Republic News Agency – IRNA