TEHRAN: Iranian steel imports fell in the first seven months of the year (April-October), according to the Iranian Steel Producers’ Association (ISPA) report published by the group on Thursday.
Some 1.2 million mt of finished steel products were imported over the period, down 33% from the same period last year. Only 26,000 mt of semi-finished products were imported, a fall of 83%.
Flat products were the country’s main imported steel product in this period.
Some 501,000 mt of hot-rolled coil was imported, down 54% from the same period last year. HRC imports included 373,000 mt of up to 3 mm thickness (down 54% on the year), and 128,000 mt of more than 3 mm thickness (down 50% on the year).
Some 371,000 mt of cold rolled coil (down 1% on the year) and 31,000 mt of rebar (down 29%) were imported in this period.
But the trend for coated strips’ import was still increasing. Some 221,000 mt different coated strips were imported during the period, mostly by the auto industry.
