• Steel Market Insider

    We strive to let you one step ahead of the market

Steel News
Advanced search
    Key words
  • Search By
  • Date
  • Classification
  • Region
Advanced search

Iran to enlarge its steel capacity by 3 times

  • A
  • A
  • A
Reportedly, Iranian government is going to enlarge the country’s steel producing capacity to 48 million ton per annual (MTPA) in the coming five years.

Iran is the major steel producing country in Mid-East area while the country’s current steelmaking capacity is only 14 MTPA.

Its steel facilities have been boosted to different parts with central Isfahan and southwestern Kouzestan provinces.

Because of the economical sanction measures against the country, metal trading is also affected. Therefore, the government planned to increase its steel products’ self-sufficiency by raising output.
News Date 14 May 2012 16:29:58 reported by Brian Lu

USITC to determine 337 investigation section final...
Government policies
30 Mar 2017 13:51
US plans to launch AD investigation on Chinese alu...
Government policies
30 Mar 2017 12:16
US plans to impose high AD duty on Posco's heavy p...
Government policies
30 Mar 2017 11:52
Indian miners to ask the government without restri...
Government policies
30 Mar 2017 10:01
Mexico's steel industry to see an opportunity afte...
Government policies
29 Mar 2017 12:31
Most Popular