Iran announces new steel export duties, raw materials most affected

The Iranian cabinet of ministers increased the export duties applied to semi-finished steel products and steel raw materials last week, Fastmarkets learnt on Wednesday July 19. The information only became available earlier this week, however.

Raw materials would be the products most seriously affected. The new duty for scrap exports was as high as 80%, while iron ore and iron ore concentrate would be subject...


Vlada Novokreshchenova

July 19, 2023

14:50 GMT