Iron ore and Coal

Export Market of Iran Is Focusing on Southeast Asia Steel Market

Export Market of Iran Is Focusing on Southeast Asia Steel Market
Mining News Pro - “This company is focusing on Southeast Asia steel market in order to confront sanctions”, said CEO of Mobarakeh Steel company.
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According to Mining News Pro - Hamidreza Azimian, talked about the sanction of Iran’s steel industry. “The steel industry was one of the country`s most important industries and the brilliant position of Iran`s steel production in the world has made United States to focus on this industry on implementing sanctions.”

“Despite the retreat of North European countries and Canada in the purchase if Iranian steel, we are steel selling our products to South European and southeast Asian countries.”

Azimian explained that in order to confront the sanctions, Mobarakeh Steel Co. is focusing on southeast Asian countries.”

Managing director of Mobarakeh Steel said that a balanced development of the steel industry, is a way to achieve sustainable growth in the economy. “To create a high added value for the country`s economy, the steel industry needs to grow in a balanced way, and all its components grow in proportion to each other. When mining companies have the permission to produce steel, it causes unbalanced growth of steel market.”


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