According to the state news agency of Iran, Iran's minister of industry, mining and Trade said that despite the sanctions, Iran's steel industry is still developing. According to 2018 data released by the International Iron and Steel Association on Tuesday, Iran's crude steel output exceeds 16 million tons, ranking 10th in the world.
Rahmani stressed that Iran's approach of supporting producers, encouraging exports and preventing crude mineral sales to develop the iron and steel industry has not only met the needs of domestic industries, but also promoted the development of Iran's non oil exports. According to Iran's long-term plan, by 2025, Iran's annual output of crude steel will reach 55 million tons, and its export is expected to reach 10-15 million tons.
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