Azerbaijan, Baku, May 08/ Trend F.Milad/
Iran has produced over 1.3 million tons of crude steel in the first calendar month of Farvardin (March 20-April 19), showing 15 percent growth compared to the same month last year.
The steel products output stood at 1.5 million tons -- up 14 percent year on year, the IRNA News Agency reported.
The Industry, Mine and Trade Ministry has issued the permission for producing up to 90 million tons of steel products in the current calendar year, the deputy minister said.
On April 13, the IRNA news agency quoted Vajihollah Jafari as saying that since 2004 the administration has been significantly supporting investments in the steel sector.
Jafari said on April 9 that crude steel output is projected to reach
55 million tons by 2025.
Crude steel output stood at 12.7 million tons last year, he said, adding that Iran also produced some 16 million tons of steel products.
Iran will become one of the world's main steel exporters by March 2016, Industry, Mine and Trade Minister Mehdi Ghazanfari said in May 2011.