Iran’s Annual Steelmaking Capacity Close to 40m Tons

The annual capacity of Iranian steel companies has reached 39.82 million tons, according to new data released by the Iranian Mines and Mining Industries Development and Renovation Organization.
There are 84 steel mills in Iran and its biggest steelmaker, Mobarakeh Steel Company, accounts for 18% of total production capacity with 7.2 million tons per year.
Khuzestan Steel Company comes next with 3.8 million tons, followed by Esfahan Steel Company with 3.6 million tons and South Kaveh Steel Company with 2.4 million tons.
As per the goals set in the 20-Year National Vision Plan (2005-25), Iran seeks to become the world’s sixth largest steelmaker by 2025 with a crude steel output capacity of 55 million tons.