MME GmbH Present at 5th Iranian Steel Market Confernece 27/28 January 2015
MME GmbH Managing Director A.Karami had the speach to the audience about Iranian Steel Market
MME GmbH is present with ASCOTEC GmbH
The 5th Iranian Steel Market Conference (ISMC 2015) in Tehran see the participation that include top officials from Iran's industrial circle, major domestic steel manufactures as well as three global steel giants from Spain, Italy, and Germany.
The presence of top officials from China Iron and Steel Association in the two-day event further underlines the importance of ISMC as one of the most prominent steel industry conferences in Iran.
It has been highlighte durign the conference that Iran's steel industry as an "alluring market, with abundant energy reserves, inexpensive labor force, ample iron ore resources, and a strategic geographical location make it an alluring steel market."
Lately, Iran has been making huge investments in the steel sector in line with its 2025 Vision Plan which sets an ambitious goal of producing 55 million metric tons of steel per year, some 38 million tons up from its current production rate. In order to feasibly reach the goal, the country's steel industry needs to sustainably minimize the production costs.
The ISMC 2015 has been assessed by analysts in the steel market as a golden opportunity for Iranian steel manufacturers to restart interacting with the global leaders.
Foreign investors have been showing interest in different sectors of Iran's steel industry; including iron ore exploration and extraction, manufacturing iron ore concentrate and iron ore pellets, as well as finished products such as steel and direct-reduced iron (DRI), and other downstream industries.