Post-sanctions Iran: enthusiastic about steel expansion
OREANDA-NEWS. Iran has announced plans to more than double steelmaking capacity to 55 million metric tons/year by 2025, which would make it one of the world's top ten steelmaking nations. More than half the $25 billion investment required would need to come from abroad. Platts senior editor, markets, Diana Kinch talks to editor Peter Brennan about prospects for the plan at a time when other steelmaking nations are trimming capacity and steel imports into Iran are growing.
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