Why it matters:
The achievement comes despite years of sweeping Western sanctions targeting Iran’s metal industries. Yet, through reliance on domestic expertise, the expansion of local production chains, and the development of indigenous technology, Iran has managed not only to sustain but to expand its steel output — solidifying its position as one of the region’s leading steel producers.
The big picture:
Iran’s steel industry plays a vital role in the country’s non-oil export portfolio.
By the numbers:
- Export volume of iron chain products rose 34%.
- Total steel chain exports increased by 45%.
- Iron ore concentrate exports doubled compared to the same period last year.
- Rebar exports, which accounted for over 85% of long steel product exports in 2024, dropped by 22%.
- Steel sheet exports tripled, reaching over $320 million.
Zoom in:
The spike in steel sheet exports is attributed to a stronger export strategy by Mobarakeh Steel Group and its subsidiaries, including Chaharmahal and Bakhtiari Automotive Sheet Company.
Go deeper:
Exports of Iranian steel products are increasing
Hossein Amiri - ahmad shirzadian
