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19 Jun
17:57

Iranian HRC exports rebound, CRC/HDG imports surge

Iranian hot rolled coil exports surged 410% on-year in the month through 20 April, or first month of the Iranian year, to 51,000 tonnes, according to Iranian Steel Producers (ISPA) data monitored by Kallanish. This represents a turnaround from the declining trend seen in the Iranian year through 20 March 2018, when HRC exports slumped -35% on-year to 696,000t, as Mobarakeh Steel focused on supplying the local market. Domestic apparent use that year rose 7% to 8.…
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