ISMC 2017 Next Week
Economy, Business And Markets

Iran Steel Market Conference Next Week

Iranian government officials and steel industry players met at Financial Tribune’s headquarters in Tehran on Tuesday to review the final agenda and general outlook for the Seventh Iranian Steel Market Conference, otherwise known as ISMC 2017. 
The conference is scheduled for 16-17 February in the Iranian capital.
Domestic and foreign steel giants are expected to attend the conference this year, just like the previous editions. 
The prestigious annual event is hosted by Donya-e-Eqtesad Taban Co., the parent company of Financial Tribune.
Officials who were present at the Tuesday meeting included the head of Iranian Mines and Mining Industries Development and Renovation Organization, Mehdi Karbasian; advisor to first vice president, Mosfata Moazzenzadeh; representatives of Iranian Iron Ore Producers and Exporters Association, Qadir Qiafeh and Bahram Shakouri; the head of Iran National Development Fund, Ahmad Doust-Hosseini; and the head of Iran Mercantile Exchange, Hamed Soltaninejad.
ISMC 2017's first speaker will be the former Iranian Parliament speaker, Ali Akbar Nateq-Nouri. Karbasian will be next and is set to expand on IMIDRO’s current projects and achievements, followed by managing director of Islamic Republic of Iran Railways, Saeed Mohammadzadeh, who is expected to discuss investment potential and deficiencies of Iran's rail transportation system.
CEO of the Italian Danieli Group Gianpietro Benedetti, chief executive director of Spanish GRUPO SARRALLE, CEO of German SMS Group Burkhard Dahmen and Chairman of Austria’s INTECO Harald Holzgruber will also discuss investment opportunities and risks in Iran’s steel industry, followed by a global market analysis by a representative of the Turkish Steel Exporters Association, Cihan Akendiz.
Iranian steelmakers are currently grappling with weak demand at home due to the slump in the construction sector. 
The government has set the ambitious goal of boosting crude steelmaking capacity to 55 million tons by the end of 2025, as stipulated by the 20-Year Vision Plan (2005-25).
According to experts, the steel sector has to export at least 20 million tons of the 55-million-ton crude steel target per year in order to sustain. 
According to Minister of Industries, Mining and Trade Mohammad Reza Nematzadeh, Iranian steel mills have so far materialized 31 million tons of the steel manufacturing capacity target.

Short URL : https://goo.gl/Q63Ndh
  1. https://goo.gl/1MRq87
  • https://goo.gl/r3UAhT
  • https://goo.gl/JzUHx0
  • https://goo.gl/0ehH9C
  • https://goo.gl/44FVqy

You can also read ...

FAO Forecasts Iran’s Cereal Output to Rise 12% in 2018
Despite autumn dryness, crop conditions recovered in Iran and...
Iran's Summer Box-Office Revenues Exceed $5 Million
Iran’s box-office revenues exceeded 610 billion rials ($5.19...
Hot Autumn for Tehran Stocks
Tehran stocks rose solidly on Sunday, recording another all...
Iran Housing Market Bracing for Double-Dip Recession: Aug-Sep 2018 Report
New data show property deals in Iran are on a downward...
Mobile Internet Services Get Costlier in Iran
Major mobile operators MTN-Irancell and Mobile...
SCI Puts Iran's YOY Inflation at 25.7%
The goods and services Consumer Price Index for the month...
Iran Agrifood Exports Rise 27% to Record High of $2.6 Billion
Around 2.94 million tons of agricultural and food products...
Iran's Trade With Italy Tops $590m
Iran traded 389,963 tons of non-oil commodities worth $594.82...

Add new comment

Read our comment policy before posting your viewpoints