At a convention to showcase the export capabilities of Iran’s metal business, held on the sidelines of Expo 2024, Foreign Minister Wahid Yagoubi mentioned, “Last yr, exports from the metal business have been $7.8 billion, and that is anticipated this yr.” mentioned. It’s an rising quantity. ”
“The metal business is predicted to achieve $10 billion this yr from vitality deregulation,” he added.
According to ISPA, metal manufacturing in Iran elevated by 5.8% within the final Iranian calendar yr in comparison with the earlier yr.
According to the most recent information launched by ISPA, the nation’s metal manufacturing reached 29.334 million tons final yr.
Iran has improved its international place in metal manufacturing, changing into the ninth largest producer in January 2024, in line with new information launched by the World Steel Association (WSA).
In the primary month of 2024, Iranian metal mills produced a complete of two.6 million tons of metal, recording a rise of 39.3 p.c in comparison with the identical month in 2023, WSA reported on Monday.
Iran ranked first by way of manufacturing progress among the many world’s prime metal producing nations within the talked about interval.
According to the World Steel Association, Iran grew to become the world’s ninth largest metal producer throughout the identical interval, after China, India, Japan, the United States, Russia, South Korea, Turkey and Germany.
AMK/TT