KSC Is to In­crease Pro­duc­tion Ca­pac­ity by 5.7m Tons

Iran News - - DOMESTIC -

TEHRAN – The CEO of Khouzes­tan Steel Com­pany says that the com­pany is to boost its pro­duc­tion ca­pac­ity since the be­gin­ning of the next Ira­nian cal­en­dar year.

Mo­ham­mad Ke­shani said that the cur­rent pro­duc­tion ca­pac­ity is 3.7m tons and it will in­creased by 5.2m tons since the be­gin­ning of the next year.

Re­act­ing to the bud­get bill and its im­pacts on the steel in­dus­try, he said that steel in­dus­try is con­sid­ered as one of the mother in­dus­tries and one of the fac­tors of de­vel­op­ment in the world, adding that most of the de­vel­oped coun­tries are among the top steel pro­duc­ing or con­sum­ing coun­tries in the world.

Ke­shani said that steel is one of the dom­i­nant met­als in the in­fra­struc­tures and con­struc­tion sec­tor of any coun­try, and the steel per capita con­sump­tion of each coun­try has di­rect im­pact on the de­vel­op­ment of the coun­try.

He re­it­er­ated that in­dus­tries do not get any bud­get from the gov­ern­ment but the al­lo­cated bud­get for dif­fer­ent sec­tors can have di­rect or in­di­rect im­pacts on the in­dus­tries. Ke­shani noted that bud­get on the con­struc­tion and de­vel­op­men­tal plans will have great im­pact on the in­dus­tries. He said the gov­ern­ment did not al­lo­cate sig­nif­i­cant bud­get for the de­vel­op­men­tal projects this year and it led to re­ces­sion and it cre­ated prob­lems for the pro­duc­ers.

On pres­ence in the in­ter­na­tional mar­kets, he said that ex­ports play a sig­nif­i­cant role in pro­tect­ing and progress of steel in­dus­try and be­cause of rise in the num­ber of steel pro­duc­ers, there is a tough com­pe­ti­tion to en­ter in­ter­na­tional mar­kets. Ke­shani as­serted that Ira­nian steel pro­duc­ers are do­ing their best to gain more share in the in­ter­na­tional mar­kets by im­prov­ing their prod­ucts.

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