.
.
.
Iran to become top ME
steel manufacturer: Minister
A view of
Iran's Mobarakeh Steel Complex (file photo)
Presstv.com
Iranian Minister of Industry, Mine
and Trade Mehdi Ghazanfari says the country will become the largest
producer of crude steel in the Middle East citing the planned investment in the sector.
Stating that Iran's annual steel output stands at 14 million tons, Ghazanfari announced on Friday the country’s plan to add about 20 million tons to the concentrate and pellet production capacity of the Iranian eastern province of Khorasan Razavi, which will emerge as one of the country’s steel production hubs.
Concentrates and pellets are raw materials used in steel manufacturing.
(Iran STILL IMPORTS 9 million tons of semi-finished and finished steel.......this is unnecessary......does this mean Iran's total consumption of steel is 23 million tons annually, or are the semi-finished imports constitute part of Iran's 14 million steel production capacity?)
Ghazanfari further said that for the time being, Iran is ranked as the second largest economy in the Middle East and North Africa in terms of gross domestic product (GDP).
(PPP GDP standing at about $1000 billion, behind Turkey at $1,130 billion as of 2012. Beyond the sanctions, the Iranian real GDP growth has been very poor, due to mismanagement of the economy by the illiterate mullahs who have no understanding of modern economic management and macro-development models. Whilst Turkey has no oil revenue the country still has has been able to record high growth rates of over 8%---due to better economic management there, which do not require the advice and supervision of mullahs.
| Rank | Country | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | Estimate as of |
|---|---|---|---|---|---|---|---|---|---|
| World | 78,852.864 | 82,827.512 | 87,043.136 | 91,847.372 | 97,344.369 | 103,488.661 | |||
 European Union |
15,821.264 | 16,025.363 | 16,473.788 | 17,025.110 | 17,651.307 | 18,310.521 | 19,061.119 | April 2012 | |
| 1 |  United
States |
15,094.025 | 15,609.697 | 16,221.378 | 16,940.567 | 17,783.568 | 18,705.028 | 19,704.590 | April 2012 |
| 2 |  China |
11,299.967 | 12,387.048 | 13,679.693 | 15,094.132 | 16,670.126 | 18,389.430 | 20,336.086 | April 2012 |
 Eurozone |
11,236.775 | 11,344.642 | 11,619.090 | 11,956.304 | 12,343.082 | 12,750.869 | 13,215.413 | April 2012 | |
| 3 |  India |
4,457.784 | 4,824.551 | 5,254.580 | 5,734.579 | 6,276.242 | 6,873.984 | 7,574.455 | April 2012 |
| 4 |  Japan |
4,440.376 | 4,588.972 | 4,737.818 | 4,881.463 | 5,024.261 | 5,164.167 | 5,324.572 | April 2012 |
| 5 |  Germany |
3,099.080 | 3,158.090 | 3,253.025 | 3,342.593 | 3,440.150 | 3,540.275 | 3,655.125 | April 2012 |
| 6 |  Russia |
2,383.402 | 2,510.791 | 2,648.981 | 2,793.750 | 2,950.164 | 3,113.011 | 3,295.416 | April 2012 |
| 7 |  Brazil |
2,294.243 | 2,393.954 | 2,530.971 | 2,671.107 | 2,825.682 | 2,988.369 | 3,170.616 | April 2012 |
| 8 |  United Kingdom |
2,260.803 | 2,308.503 | 2,391.039 | 2,488.192 | 2,594.127 | 2,707.356 | 2,838.317 | April 2012 |
| 9 |  France |
2,217.900 | 2,257.015 | 2,314.212 | 2,391.923 | 2,476.396 | 2,565.454 | 2,667.901 | April 2012 |
| 10 |  Mexico |
1,661.640 | 1,743.474 | 1,834.438 | 1,932.472 | 2,028.534 | 2,128.967 | 2,242.455 | April 2012 |
| 11 |  South
Korea |
1,554.149 | 1,629.904 | 1,719.901 | 1,815.141 | 1,918.427 | 2,026.842 | 2,148.001 | April 2012 |
| 12 |  Italy |
1,846.950 | 1,834.946 | 1,857.298 | 1,894.179 | 1,943.903 | 1,999.058 | 2,062.405 | April 2012 |
| 13 |  Indonesia |
1,124.649 | 1,208.542 | 1,307.780 | 1,418.658 | 1,542.336 | 1,776.998 | 1,829.285 | April 2012 |
| 14 |  Canada |
1,396.131 | 1,443.108 | 1,496.598 | 1,554.633 | 1,617.850 | 1,682.140 | 1,753.114 | April 2012 |
| 15 |  Spain |
1,413.468 | 1,405.437 | 1,428.452 | 1,466.297 | 1,514.372 | 1,566.016 | 1,625.902 | April 2012 |
| 16 |  Turkey |
1,073.565 | 1,112.265 | 1,164.841 | 1,229.539 | 1,303.512 | 1,384.648 | 1,476.550 | April 2012 |
| 17 |  Taiwan |
876.035 | 919.027 | 976.857 | 1,038.64 | 1,105.951 | 1,178.94 | 1,261.482 | April 2012 |
| 18 |  Australia |
914.482 | 954.296 | 1,002.637 | 1,053.007 | 1,107.431 | 1,164.654 | 1,228.678 | April 2012 |
| 19 |  Iran |
990.219 | 1,006.540 | 1,034.692 | 1,067.337 | 1,105.977 | 1,146.214 | 1,191.795 | April 2012 |
Real living standards in Iran are still below those of 1979.....and whilst one may be impressed by greater production for this and that...real economic development is about many factors which affect the lives of the ordinary people....price of bread and basic food, rent and housing cost, education, health care, public transport, the price of basic cloths, leisure...and so forth.
From Wikipedia: "High oil prices in recent years have enabled Iran to amass well over $100 billion in foreign exchange reserves.
Whilst this has aided self-sufficiency and domestic investment,
double-digit unemployment and inflation remain problematic.
Iran's educated population, economic
inefficiency, and insufficient foreign
and domestic investment have prompted an increasing number of Iranians to seek employment overseas)
The Iranian minister also said the country is among the world’s 10 leading mineral-rich countries.
(Turkey will export around $180 billion worth of non-oil goods in FY2012. By contrast Iran has only exported $45 billion of non-oil goods. The Iranian economy is still too reliant on oil and gas exports. However given the favorable price of oil due to the artificial fixing carried out at NY, London and Rotterdam's oil bourses of the commodity....Iran must raise its oil production output to 6 million barrels at least, and the level from 1976, under the more effective and efficient Shah regime. Simultaneously it must seek to increase its non-oil exports)
Iran exports its industrial and mineral products to 159 countries, including Iraq, China, the United Arab Emirates, India and Afghanistan.
On May 11, Iranian President Mahmoud Ahmadinejad inaugurated an iron ore concentrate production line at the Sangan-Khaf iron ore mine in the Khorasan Razavi Province, where he stressed that Iran's steel production should reach 48 million tons in a 4-5-year period.
(It is good that Ahmedinejad the secret Jew is making less and less worthless political speeches, but has instead focused on real issues that challenge the UN-Islamic republic........he must think of his Jew legacy when his term ends in 2014)
The major raw steel factories in Iran are the Mobarakeh Steel Mill, with approximately 47 percent of the market share, the Khuzestan Steel Company with about 23 percent, the Isfahan Foundry with about 20 percent, and the Iran National Steel Industries Group with approximately 10 percent of the market share.
The Iranian minister also said the country is among the world’s 10 leading mineral-rich countries.
(Turkey will export around $180 billion worth of non-oil goods in FY2012. By contrast Iran has only exported $45 billion of non-oil goods. The Iranian economy is still too reliant on oil and gas exports. However given the favorable price of oil due to the artificial fixing carried out at NY, London and Rotterdam's oil bourses of the commodity....Iran must raise its oil production output to 6 million barrels at least, and the level from 1976, under the more effective and efficient Shah regime. Simultaneously it must seek to increase its non-oil exports)
Iran exports its industrial and mineral products to 159 countries, including Iraq, China, the United Arab Emirates, India and Afghanistan.
On May 11, Iranian President Mahmoud Ahmadinejad inaugurated an iron ore concentrate production line at the Sangan-Khaf iron ore mine in the Khorasan Razavi Province, where he stressed that Iran's steel production should reach 48 million tons in a 4-5-year period.
(It is good that Ahmedinejad the secret Jew is making less and less worthless political speeches, but has instead focused on real issues that challenge the UN-Islamic republic........he must think of his Jew legacy when his term ends in 2014)
The major raw steel factories in Iran are the Mobarakeh Steel Mill, with approximately 47 percent of the market share, the Khuzestan Steel Company with about 23 percent, the Isfahan Foundry with about 20 percent, and the Iran National Steel Industries Group with approximately 10 percent of the market share.
