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28 Apr
11:56

Iran steel association warns of declining exports

The Iranian Steel Producers Association has warned of a decline in Iranian steel exports and foreign currency income on account of the Covid-19 pandemic and government restrictions on exports, Kallanish notes. In a letter to Iranian industry, mine and trade minister Reza Rahmani, the association says Iran’s steel exports could range from $3.5-5 billion annually were it not for restrictions imposed by the ministry. The pandemic has heaped further pressure on …
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