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20 Jan
11:06

Lacking gas investment hampers Iran steel target: interview

Iran is far from its official target of producing 55 million tonnes/year of crude steel by 2025 due to a lack of investment in natural gas (NG) production and electricity infrastructure. This stems from a combination of international sanctions impact and neglect by the Iranian government, says former Iranian Steel Producers Association (ISPA) board member Reza Shahrestani. The country’s current annual crude steel capacity of 38mt cannot be fully utilised du…
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