Iran to export 10m tons of steel by Mar. 2018

October 24, 2017

TEHRAN- Head of Iranian Mines and Mining Industries Development and Renovation Organization Mehdi Karbasian announced that Iran has exported more than four million tons of steel during the first half of the present Iranian calendar year (March 21- September 22, 2018) and the figure will reach 10 million tons by the yearend (March 20, 2018).

Iran exported 5.5 million tons of crude steel in the past year, with 27 percent increase from the figure of its preceding year.

Iranian Steel Manufacturers Association’s Secretary Rasoul Khalifeh-Soltan believes that while the country’s steel industry’s growth has been 5.7 percent on average in the recent years, the figure can reach 10 percent this year, given the promising condition the sector enjoys at present.

HJ/MA

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