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Iran began to export less steel

Iranian steel producers ' Association summed up the results over the past financial year. According to the local calendar, its completion had on March 20. According to the Association of significantly decreased Iranian exports of steel products. So abroad sent about 7.88 million tons. This is much less than it was a year earlier. The difference is 7.2%. If we consider in terms of types of steel products, the affected products. Their deliveries are predominantly to the markets of South-East Asia. Also they are transported to the countries of the Persian Gulf.

Over the past year Iran was forced to export less processed foods. The reason is the us sanctions. Under their action were a big part of Iranian businesses. They entered into force in August last year. Many countries are afraid to cooperate with Iran. This can lead to what sanctions apply to them. Because they are forced to change providers. Thus, Iran’s exports of semi-finished products decreased by 28.7%. The comparison takes the result of the last year. In quantitative terms, abroad was sent 4.9 million tons. It is known that Iran’s exports declined a number of foreign companies.

But Iran is not so bad. For example, exports of finished products has improved considerably. The products are supplied to neighbouring States. Among them Turkey, Syria, Afghanistan and Lebanon. Last year there were exported 2.98 million tons. Compared to last year, this indicator grew by as much as 84%. Also showed positive dynamics of export rebar. It amounted to 1.65 million tons. The result is ahead of the figure for the previous year by 2.8 times. But hot-rolled steel exported only 662 thousand tons. This is 5% lower than a year earlier.

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