According to the report of public relations of IMIDRO, “These projects have been started over the last few years, and a part of their funding has been allocated, and now 700 million euros and 100 trillion rials (about $204.5 million) of the necessary funding is left to be supplied,” Mohammadali Aziz-Mohammadi announced.
These steel and mining projects have witnessed good physical progress in the current administration, he stated.
According to Aziz-Mohammadi, Iran International Engineering Company, which has 20 subsidiaries, was established in 1975 with the aim of transferring technical know-how of manufacturing industrial factories mainly active in the steel sector.
Running under the supervision of the Iranian Mines and Mining Industries Development and Renovation Organization (IMIDRO) and benefiting from the world’s cutting-edge technologies, the company offers technical and engineering services benefiting from 1,100 skilled manpower working in various fields, he stated.
Iran has been ranked eighth among the world’s top steel producers during January-June 2023, according to the latest data released by the World Steel Association (WSA).
Production of crude steel in Iran reached 16.1 million tons in mentioned six months, registering a 4.8 percent increase year on year.
The country is expected to climb to seventh place among the world’s top steel producers by the Iranian calendar year 1404 (March 2025).
Source: IRNA
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