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FinancialNews


  • 17-03-20

    Production of steel products in Iran to rise 7 percent

    (MENAFN) IRNA said in a report that, during the 11-month period from March 21, 2019 until February 19, 2020, production of steel products in Iran has increased 7 percent in comparison with the same period of time in 2019.


    In the 11-month period, steel products output reached 12.308 million tons, as said in report.


    Iran has defined 16 development projects in the steel sector which plan to improve Iran's output of steel products by 17.3 million tons in a course of 5 years.


    These projects are for building production units each with the capacity of 600,000 tons, while some other projects have been also defined to arrange some units with under 500,000-ton capacity that together with the 600,000-ton capacity units will add 19.1 million tons to Iran's yearly steel products output.

    MENAFN1703202000450000ID1099866507

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