BAKU, Azerbaijan, August 12. Iran's total exports of pig iron and steel decreased by 7 percent in value and increased by 26 percent in volume during the four months of the current Iranian year (from March 21 through July 22, 2025) compared to the same period last year (from March 20 through July 21, 2024).
The data obtained by Trend from the Iranian Steel Producers Association indicates that over the past four months, Iran exported about 12.4 million tons of pig iron and steel worth about $2.33 billion. During the same period last year, exports of pig iron and steel amounted to 9.8 million tons worth $2.17 billion.
Over four months, Iran exported 2.53 million tons of unrefined steel worth $1.05 billion. This is 10 percent more in value and 25 percent more in weight compared to the same period last year. In the first four months of last year, Iran exported 2.02 million tons of unrefined steel worth $957 million.
During the same period, Iran's steel exports amounted to 1.9 million tons worth $509 million. Compared to the same period last year, steel product exports decreased by 19 percent and by 14 percent in terms of weight. Over the first four months of last year, Iran exported 1.26 million tons of steel products worth $625 million.
Iran's steel production capacity is approximately 40 million tons per year.
