TEHRAN (FNA) - Head of the Iranian Mines and Mining Industries Development and Renovation Organization (IMIDRO) Mehdi Karbasian has said that production of the country's steel output will considerably increase in the current Iranian year (started March 21, 2018).
Addressing the inaugural ceremony of the Tenth International Exhibition of Metallurgy, Steel, Molding, Machinery and Relevant Industries in Isfahan, Karbasian said, "Iran will increase steel production to 35 million tons by the end of the current Iranian year (will end on March 20, 2019).”
He underlined that the current production of steel is 32 million tons and the figure was 21 million tons in 2013.
"Last year, Iran’s steel exports hit a record high of nine billion dollars," Karbasian said, adding that Iran's domestic consumption is 16 million tons and the surplus should be exported.
The Tenth International Exhibition of Metallurgy, Steel, Molding, Machinery and Relevant Industries involving 333 pavilions opened in Isfahan.