1. 3rd Middle East Metal Conference, 12-14 May 2007, Fairmont Hotel, Dubai, UAE © 2007 MEsteel.com - All Rights Reserved. Mr Hadi Hami 1 IRAN STEEL MARKET OVERVIEW Mr. Hadi Hami, Marketing Manager www.mesteel.com 3 rd Middle East Metal Conference The Steel Wonder of The World 12-14 May, 2007 Fairmont Hotel, Dubai, UAE

2. 3rd Middle East Metal Conference, 12-14 May 2007, Fairmont Hotel, Dubai, UAE © 2007 MEsteel.com - All Rights Reserved. Mr Hadi Hami 2

3. 3 Iran Steel Market Production overview & outlook Exports: Which mill exports what? Imports: How volatile is the market? Import sources diversify, China or CIS? Middle East and Iran demand side issues Iran steel prices & market opportunities Conclusion

4. 3rd Middle East Metal Conference, 12-14 May 2007, Fairmont Hotel, Dubai, UAE © 2007 MEsteel.com - All Rights Reserved. Mr Hadi Hami 4 Iran Steel Production Overview - Outlook –Semis production (per mill in 2004 – 2006) –Finished products production (per mill in 2004 – 2006)

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8. 8 Iran steel exports per product type (2005 – 2006) Export Figures per mill (2005 - 2006) Value of steel exports per mill (2005 - 2006)

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16. 3rd Middle East Metal Conference, 12-14 May 2007, Fairmont Hotel, Dubai, UAE © 2007 MEsteel.com - All Rights Reserved. Mr Hadi Hami 16 Imports: How volatile is the market? Steel imports per product type (mt) (2004-2006) Total Value of steel imports per product type (2004-2006) Average Price of steel imports per product type (2004-2006)

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21. 3rd Middle East Metal Conference, 12-14 May 2007, Fairmont Hotel, Dubai, UAE © 2007 MEsteel.com - All Rights Reserved. Mr Hadi Hami 21 Import sources diversify, China or CIS?

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26. 3rd Middle East Metal Conference, 12-14 May 2007, Fairmont Hotel, Dubai, UAE © 2007 MEsteel.com - All Rights Reserved. Mr Hadi Hami 26 Iran Carbon Steel Prices 2006 Q1-2007

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40. 3rd Middle East Metal Conference, 12-14 May 2007, Fairmont Hotel, Dubai, UAE © 2007 MEsteel.com - All Rights Reserved. Mr Hadi Hami 40 Thanks for your attention If you have any question regarding the presentation, the Iranian steel market or ME steel's research capabilities, do not hesitate to contact us: Mr Hadi Hami, Marketing Manager Email : marketing@mesteel.commarketing@mesteel.com Tel : + 971 4 8873003 www.mesteel.com Linking Steel Sellers and Buyers in the Middle east.