Steel is one of the most important currency-earning factors for producing countries and plays a very important role in the economy, which is its export
to global markets leads to increased income and economic growth.
Therefore, the international trade of steel products is affected by factors such as: international sanctions and domestic export restrictions.
The more these factors are, the exports and as a result the economy dependent on the steel industry will also decrease.
Among the other factors that affect the business of the steel industry are the state of the global economy, the global demand for steel, etc
Price fluctuations in global markets also noted.
Steel export in Iran and its importance
In Iran, supporting new investments in the development of the steel industry is one of the priorities of the planners, because the steel consumption market
It is very wide, large and diverse, which has caused us to witness an increase in steel production capacity in the country every year.
Also, the steel chain accounts for about 12% of the country’s exports.
