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Tehran – According to the Iranian Steel Producers Association (ISPA), Iran's steel industry exported nearly $3 billion in the first five months of the current fiscal year (late March to late August 2025), a 10% year-on-year increase. L360M steel, Total exports rose 17% to 796,000 tons, reversing the decline seen in the first quarter.
Iron ore concentrate exports surged 80% year-on-year in the first five months, raising concerns among Iranian steel companies about tight domestic raw material supplies. L360M steel, Meanwhile, exports of long steel products continued to decline sharply. Rebar, the main product, accounted for over 85% of long steel exports in the previous fiscal year, but exports in the first five months of this fiscal year fell by 31% year-on-year.
On the other hand, Mubarak Steel Group and its subsidiaries (including the main plant and the Chaharmahal and Bakhtiari automotive sheet metal plants) boosted their sheet metal export earnings by $122 million, L360M steel, bringing their total exports to $216 million by strengthening their export strategy.
Note: Iran's fiscal year uses the Persian solar calendar, which generally begins on March 21st of each year and ends on March 20th of the following year. Therefore, the "first five months" mentioned in the report roughly correspond to late March to late August 2025.
