Investigating changes in the steel export market in Iran and the world

The steel industry is one of the most important industries in the world and has a significant impact on the economy and economic growth. In Iran, despite having rich iron resources, the steel industry, as one of the country’s main industries, has played an important role in economic development and growth. One of the factors affecting this industry is the steel export market. In this article, changes in the steel export market in Iran and the world are examined.

Changes in the steel export market in Iran:
Due to price fluctuations in the global steel market and economic sanctions, the steel export market in Iran has also faced fluctuations. In recent years, Iranian steel has been exported to markets such as China, Turkey, India, and Afghanistan. In 2019, despite the unfavorable conditions of the world market, the volume of Iran’s steel exports increased significantly and reached more than 8 million tons. However, according to recent statistics, in 1400 due to price fluctuations as well as economic sanctions, the volume of Iran’s steel exports has decreased.

Changes in the steel export market in the world:
In the global market, steel exports have been affected due to price fluctuations as well as economic sanctions. In recent years, due to the economic growth in East Asia as well

The economic growth in East Asia as well as the rapid growth of the construction sector has created a high demand for steel in these regions. In this situation, the steel export market is very important for countries such as China, India, South Korea, Japan and Taiwan.

For example, in 2020, China was the largest steel export market in the world, importing more than 110 million tons of steel. Also, India and South Korea also form a part of the steel export market with an import volume of more than 50 million tons.

Considering the fierce competition in the world market, the competitive ability of steel producing countries is very important. In this regard, the development of new technologies in the steel industry and the improvement of product quality play a significant role in the competitiveness of countries.

Conclusion:
Considering the importance of the steel industry and its export market in Iran and the world, examining the changes in the steel export market is very important. Economic sanctions and price fluctuations in the global steel market have affected the steel export market, and in this situation, the competitive ability of steel producing countries is very important. To increase the competitive ability, the development of new technologies in the steel industry and the improvement of product quality are actions that can play a significant role in this field.