Iran stops export of its steel to Afghanistan

Iran Materials 6 September 2021 11:44 (UTC +04:00)
Iran stops export of its steel to Afghanistan

TEHRAN, Iran, Sept. 6


The recent situation in Afghanistan has caused the the steel-related contracts of this country with Iran to be suspended, as well as export of steel from Iran to Afghanistan, Iranian Steel expert Keyvan Jafari Tehrani said, Trend reports citing ILNA.

“The amount of steel consumption in Afghanistan is very low , equal to 1 to 1.5 million tons per year,” Tehrani said.

“Iran exports over 500,000 tons of steel to Afghanistan annually,” he added.

Referring to the steel production in Afghanistan, Tehran noted that the Afghan government granted a permit to establish a two-phase steel plant with a capacity of 6.2 million tons at the Hajigak mine project near Kabul, which the Indian-Afghan consortium was responsible for in terms of extracting steel from mines in 2012.

“They also planned to build a power plant near Hajigak mine,” he said.

In June, it was reported that Isfahan Mobarakeh Steel Company had signed a $ 4.3 billion contract to export rails to Afghanistan.