Third International Exhibit of Metallurgy, Foundry, Molding Opens
Director General of Machine and Auto Engine Manufacturing Department of the Ministry of Industries and Mines Ahmad Nematbakhsh said that foundry, molding and casting production in Iran stood at 500,000 tons annually, adding that the country's actual output capacity in this sector stands at 700,000 tons.
He said that 60 percent of the foundry and molding industry are owned by the private sector which make use of the latest technology.
He added that Iran exports part of its output in this sector.
About 165 firms from Iran and foreign countries are taking part in the international exhibit.
Companies from the United Kingdom, Italy, Slovakia, Taiwan, Ukraine, Sweden, Germany, Canada, France and South Africa have put their products on display at Tehran International Trade Fair.