Iranian industry minister stated that in spite of sanctions Iran has leapt from 129th to 29th place in industrial production in the world.
The Mehr News Agency quoted Ali-Akbar Mehrabian as saying that good grounds exist for the private sector to participate in industrial and mine activities, especially in the field of steel.
He said that the third phase of Natanz Steel Company has come on stream, adding that a new phase of the firm will be opened in the near future boosting capacity up to 2.7 million tons.