BMI''s latest Iran metals report examines how the Iranian steel industry is able to grow amid a punitiveinternational sanctions regime and a domestic economic crisis. It also details the latest project developmentsas the country seeks to increase its steel capacity from 20mn tonnes per annum (mntpa) to 55mntpa by2025, as well as a tripling of aluminium smelter capacity to 1.5mntpa.While a cut in external trade has impacted negatively on the steel industry, isolation has ensured thatimports have also been restricted. However, domestic industrial deficiencies in certain market segmentsmean that Iran will struggle to meet its own needs in spite of declining consumption. ...
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