The figures, which were released on Monday, suggest a 19% growth in the value of Iran’s steel exports compared to last year’s corresponding period.

The report also put the weight of Iran’s nine-month exports of steel products at 21.6 million metric tons (mt) which is up 73% year-on-year.

The volume of Iran’s exports of concentrated iron ore has increased by 10-fold in the period under review, with the value of the country’s exports of slab rising by 34%, the report said.

The report also added that the volume of Iran’s exports of steel ingots continued to decline in the March-September period and the country also witnessed a $130 million decline in the exports of rebar in the timespan.