MEIS 2017: Steel billet seen as a major export item in Iran’s 2025 Vision plan

Steel billet is expected to be the major export item in Iran’s 2025 Vision plan, Metal Bulletin learnt during its 21st Middle East Iron & Steel Conference in Dubai this week.

In the 2025 Vision plan, Iran is targeting an increase in its capacity for crude steel production to 55 million tonnes per year from the current 32 million tpy. Of this volume, around 20 million tpy goes for export.

However, Bahram Sobhani, managing director of Mobarakeh Steel, the country’s largest flat steel producer, said in his presentation at the conference that, in a realistic scenario with...

Published

Vlada Novokreshchenova

December 07, 2017

14:19 GMT

Dubai