According to the report of public relations of IMIDRO, the approaches of 5th Iranian national steel festival and exhibition as a distinctive national event in iron and steel chain localization are indigenization, technology development, branding and technical Knowledge Transfer based on iron and steel chain needs.
Mining and steel companies with the aim of sharing the needs and capabilities of Iran's iron and steel chain are taking part to provide domestic manufacturing opportunities for knowledge-based companies, local and domestic manufacturers.
Likewise, during this exhibition, the needs and capabilities of localization and domestic manufacturing will be focused in three sectors: raw materials and consumables, equipment, as well as research and technology development.
Based on the plans, important contracts and memorandums of understanding in the field of localization will be signed during this exhibition.
Also, in this festival, the top producers and local manufacturers will be honored with a statue of the National Steel Award of Iran. It is worth mentioning; During the previous 4 periods of this festival, more than 150 memorandums of understanding and localization contracts were signed, which saved more than 1 billion dollars.