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Iran steel products exports reaches 3.1 bn tons

Tehran, With 3.1 billion tons of exports in the first five months of the current Iranian year (beginning on March 21), major Iranian steel production units increased their exports by five percent.

Khuzestan Steel Company is in charge of over one third of the total exports.

Iranian steel production supply chain exported over nine billion dollars last year and is expected to reach 11 billion dollars by the end of the current Iranian year.

Iran is the 13th among 65 major steel producers and is planned to reach seventh in 1404 Vision Plan by increasing its steel production capacity and exports to 55m and 15m tons per year, respectively.

Source: Islamic Republic News Agency - IRNA

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