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21 Nov
14:39

Iranian steel consumption, slab export declines deepen

Iranian apparent finished steel consumption fell -4% on-year in the seven months through 22 October to 11.3 million tonnes, deepening from a -3% decline after six months. This is according to Iranian Steel Producers’ Association (ISPA) data published on ISPA’s online Chilan portal, monitored by Kallanish. Rebar was the only product to see consumption growth, of 8% to 3.55mt. Hot rolled coil and cold rolled coil use fell -4% and -8% res…
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