Mubarakeh steel is the largest non-oil exporter and the first exporter in the mineral industry chain in 1402

The CEO of Foulad Mobarakeh announced:
Foolad Mobarakeh is the largest non-oil exporter and the first exporter in the mineral industry chain in 1402.

According to Duniya Asrar , the CEO of Mobarakeh Steel Company said: Mobarakeh Steel has earned the title of the country’s largest non-petroleum-petrochemical exporter by exporting 1.4 million tons of steel products worth more than 700 million dollars. Meanwhile, if the amount of exports made in Foulad Mubarake group is aggregated, this group will rank second among the country’s oil and non-oil exporters.
Iran Customs announced the performance statistics of the country’s first 100 exporters in the field of foreign trade in 1402. Out of the country’s total non-oil exports last year, more than 136 million tons worth more than 49 billion dollars were exported, of which 69 million 739 thousand tons worth 28 billion 955 million dollars were exported by the top 100 exporters. It has been done. This amount of exports by the top 100 exporters represents a drop of 1.47% in terms of weight and a drop of 18.9% in terms of dollar value compared to 1401. However, Mobarake steel has been able to grow significantly in 1402 compared to 1401 both in terms of weight and dollar value.

An important point in the growth of Mobarake steel products exports
is the simultaneous increase in weight and dollar value of exports. Mohammadyaser Tayebnia, CEO of Mobarakeh Steel Company regarding the company’s exports in 1402, said: Isfahan Mobarakeh Steel Company, by changing its approach in the field of sales and marketing and effective presence in new markets, was able to meet the needs of domestic consumers in 1402, amounting to a It has exported 1,409,000 tons of steel products worth more than 707 million dollars, which has grown by 16.61% in terms of weight and 14.68% in terms of dollars compared to the same period in 1401. In 1402, we faced severe restrictions in the field of electricity and gas.
Tayyabnia added: The important point in the growth of Mobarake steel products exports is the simultaneous increase in weight and dollar value of exports. This issue shows the special view of Foulad Mobarakeh to go beyond raw materials and export products with higher added value. The CEO of Foulad Mobarakeh stated: Mobarakeh Foulad is in the fifth place among all exporters with a share of 1.43% of the dollar value of exports, and this is in a situation where the first place is given to the National Gas Company and the other three places to open petrochemical companies. and this importance doubles the importance of Mobarakeh Steel as the largest non-oil and petrochemical exporter. Pointing to the details of the export of Mobarake steel products, Tayebnia said: Mobarake steel is the largest producer of flat products in the Mena region, and 84% of our production in 2023 will go to the domestic market and 16% will go to the export market.
Tayebnia added: Of course, there are challenges in the export sector that we hope will be resolved in the coming years. First of all, we have limitations for selling and offering various products to the global market. Also, the main challenge of exports in the current conditions of the country is the impossibility of long-term planning due to the instability of forecasts on currency conditions and possible changes in laws, tariffs and export exemptions, etc. As an example, the removal of export tax exemptions by limiting the ceiling of exemptions in this year’s budget law is one of the cases that will eliminate the justification for exports for many companies due to the requirement to supply foreign currency at a low price.
Also, the country’s infrastructure for export should be strengthened; We need to improve in the logistics and transportation sector, the docks in the ports should be strengthened so that we can export products with more tonnage.