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Iran's Steel Production Capacity Expansion on Right Track

Iran aims to increase its steel production capacity to 55 million tons by March 2025 as part of a 20-year Vision Plan designed for the strategic industry
Iran's Steel Production Capacity Expansion on Right TrackIran's Steel Production Capacity Expansion on Right Track

The Iranian Mines and Mining Industries Development and Renovation Organization's latest report on expansion of under-construction steel production units shows a total of 19.1 million tons will be added to Iran’s annual steel production capacity when these units become operational in the Iranian year 1402 (March 2023-24).
Iran's current steel production capacity stands at 35 million tons per year, Deputy Minister of Industries, Mining and Trade Jafar Sarqeini said recently.
Iran aims to increase its steel production capacity to 55 million tons by March 2025, as part of a 20-year Vision Plan designed for the strategic industry.

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