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FinancialNews


  • 27-12-20

    Iranian steel industry not affected by sanction imposed by US

    (MENAFN)As the U.S. sanctions has aimed Iran"s metal sector besides its oil industry, the periodical reports released the two by the international and domestic sources explain that Iranian steel industry has not been affected by the sanctions, while it has also been flourishing.

    About 2.358 million tons of steel ingots and products were exported by Iranian steel producers in the first half of this year, according to the recent data released by domestic sources.

    Of the country"s total exports in H1, 19.5 percent was related to the sixth month of the current year, which shows the exports are following an upward trend.

    MENAFN27122020000045011369ID1101344244

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