News

"Iran will produce approximately 14 million metric tons of crude steel
in the current [Iranian] year [started on March 21, 2010] while we will
attain 20 million metric tons of crude steel production capacity by the
end of the current year," Mohammad Masoud Samienejad, Deputy Iranian
Minister of Industries and Mines, stated recently.
 
In the
previous Iranian year (March 21, 2009-March 20, 2010), Iran produced
approximately 10.96 million metric tons of crude steel. Thus, if Iran
manages to realize its production target of 14 million metric tons of
crude steel, it will have increased its output by 27.74 percent year on
year.