In the first quarter of 2026, Georgia paid $20.06 million for ten major categories of steel products imported from Iran, with the highest share coming from construction and industrial steel materials. The largest import category was non-alloy carbon steel bars, worth $4.05 million (8,255 tons), followed by carbon steel in ingots or primary forms and carbon-steel profiles.
Other significant imports included hot-rolled wire rods, semi-finished carbon-steel products, hot-rolled flat steel over 600 mm, and carbon-steel wire, each ranging from $1.2 million to $3 million in value. Smaller but notable categories were cold-rolled flat steel and various other carbon-steel bars, with volumes between 114 and 593 tons.
The report comes as Iran temporarily banned the export of steel plates and sheets until May 30, according to state media. The announcement did not specify details but is linked to damage sustained by Iran’s steel industry during the ongoing conflict with the United States and Israel.
Local outlet Etemad reports that airstrikes have knocked out an estimated 10 million tons of annual production capacity, roughly 25–30% of Iran’s total. Major producers such as Mobarakeh Steel Company and Khuzestan Steel Company suffered operational disruptions, affecting supply chains in the construction, automotive, and infrastructure sectors.
