ID :
197538
Wed, 07/27/2011 - 11:04
Auther :

Iranian Steelmaker Pleased with Rapid Progress of Development Plan

TEHRAN (FNA)- Iran's major steelmaker, Iran Alloy Steel, announced that its production development project is 71% complete, adding that the project will be fully completed by June 2012.
The project involves the addition of a third electric arc furnace (EAF) as well as some other equipment and will raise the annual output capacity of Iran Alloy Steel to 350,000mln tons.

According to the Iranian Mines and Mining Industries Development and Renovation Organization (IMIDRO), Iran Alloy Steel produced about 255,000mln tons of crude steel in the last Iranian year (ended March 20).

According to the World Steel Association (WSA), Iran was the second leading steel producer in the Middle East in 2010 after Turkey.

The main steel mills of the country are located in Isfahan and Khuzestan provinces.

Caretaker of the Iranian Ministry of Industries and Mines Mehdi Qazanfari announced earlier this month that the country plans to increase its crude steel production capacity to 43mln tons by the next two year.

Speaking to reporters on the sidelines of the inauguration ceremony of two steel companies in Northwestern Iran, Qazanfari stated that projects are underway to increase the crude steel production capacity of the country to 43mln tons by 2013.

He also announced that Iran's annual crude steel production has doubled over a five-year period and reached 20mln tons in 2010 from 10mln tons in 2005.

Qazanfari added that the country is importing about 5mln tons of steel every year.







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