Fars News Agency quoted the head of Industrial and Mineral Development and Renovation Organization (IMIDRO) of Iran, a subsidiary of Ministry of Industries and Mines, Mostafa Moazzenzadeh as saying that a sharp increase in the world steel prices is a good opportunity for Iran to increase its steel export.
“We have recently increased our export to Europe due to its high demand of steel,” Moazzenzadeh said.
He assured the increased steel export would impose no shortages on domestic market.
Last year, Iran exported over 1.6 million tons of steel.
AF/MA
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MNA