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Iran’s steel export up four times since 2013

Business Materials 12 May 2017 13:04 (UTC +04:00)

Baku, Azerbaijan, May 12

By Emil Ilgar – Trend:

Iran’s steel export has increased during Hassan Rouhani’s presidency, started in mid-2013, Mohammad Reza Nematzadeh, Minister of Industry, Mine and Trade of Iran, said on May 12.

He said that during a fiscal year to March 20, 2013, Iran’s total steel exports were 1.1 million tons that soared to 4.8 million tons in the last fiscal year, ended March 20, 2017.

According to him, the volume is expected to reach 15 million tons in 2021, IRNA reported.

*Iran’s total steel production, based on World Steel Association’s statistics

Nematzadeh said that about 25,000 industrial units received $5.5 billion loan facilities during March 21,2016 to April 21, 2017.

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