Iran's steel industry, relying on domestic capacities, has managed to achieve over 90% self-sufficiency in its production chain. This issue has gained special importance in the current conditions where economic sanctions have pressured the steel industry.
The State of the Steel Industry Against Sanctions
A member of the Steel Producers Association explained this situation, saying: "Iran's steel industry, relying on domestic resources and existing capacities, has reached a level of self-sufficiency where it can meet half of its needs without dependence on imports." He added: "This self-sufficiency is particularly evident in the production of intermediate and final steel products and shows that despite economic challenges, the country's steel industry is on a path of development."
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Technological Advances and Reduced Dependency
The development of modern technologies and optimization of production processes are among the other reasons for the success of the steel industry against sanctions. In addition, investment in research and development has helped steel companies continue production with greater efficiency and lower costs. This trend, in addition to maintaining job positions in the steel industry, has also increased the competitive power of this industry in global markets.
Given the gas imbalance in winter, rising prices, and problems arising from sanctions, this self-sufficiency is considered a key factor in the continuity of the country's production and economic activities. In a situation where other countries are seeking to secure energy resources, strengthening domestic infrastructure and optimizing the use of existing resources can reduce the challenges ahead.
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