Iran’s import of steel products increases 1 percent to 338,000 tons in 5 months
(MENAFN)In the first five months of this Iranian year, Iran’s export of steel products rose 88 percent, in comparison to the previous year same time span.
According to Iranian Mines and Mining Industries Development and Renovation Organization (IMIDRO) the data released by the Iranian Steel Producers Association (ISPA) showed that 1.399 million tons of steel products was exported in the mentioned period, as the figure amounted at 774,000 tons in the same period of the previous year.
Also; in the first five months of the current year Iran’s import of the steel products increased one percent to 338,000 tons from 336,000 tons of the same time span of the previous year.
In addition, the ministry restricted the exports of steel products and enforced all steel producers to introduce their products at Iran Mercantile Exchange (IME).
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