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Iran’s sponge iron export increases by 232.4%

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The export of Iran’s sponge iron increased by 232.4 percent during the first five months of the current Iranian calendar year (March 21-August 22), as compared to the same period of time in the past year.

As reported, 708,000 tons of the product was exported in the five-month period of this year, while the figure was 213,000 tons in the same time span of the previous year.

As previously announced by the Iranian Steel Producers Association (ISPA), Iran’s export of sponge iron registered a record high of 249.4 percent in growth during the first four months of the current Iranian calendar year (March 21-July 22), as compared to the same period of time in the past year.

The ISPA reported that the country exported 580,000 tons of the product in the first four months of the present year, while the figure was about 166,000 tons in the four-month period of the previous year.—Tehran Times

 

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