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12 Oct
01:00

Iran crude steel capacity to double by 2018, says ministry

Iran hopes to increase its crude steel production capacity from the current 17 million tonnes/year to 40m t/y in four years’ time, according to industry, mines and trade ministry deputy minister Mehdi Karbasian. One of Iran’s main targets is to add value through its steel supply chain, by investing in each stage from raw materials production to finished product output, Karbasian says. The country’s ambitious plan to eventually increase stee…
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