Iran's Steel Industry Keeps Foot on the Pedal, but Sanctions Outcome Could be the Decider

JOHANNESBURG--April 3, 2015--Written by Richard Finlayson, Senior International Editor for Industrial Info Resources (Sugar Land, Texas)--Iran's steel production grew 5.9% from 2013 to 16.33 million tonnes in 2014, according to the World Steel Association (Brussels, Belgium). For the first two months of 2015, steel production in Iran rose 15.6% to 2.77 million tonnes, from 2.4 million tonnes a year earlier.

Within this article: Details on the challenges facing Iran's steel-production industry.