Why it matters:
The growth signals continued resilience in Iran’s industrial sector despite ongoing Western sanctions, reinforcing Tehran’s push for economic self-reliance and domestic production strength.
The big picture:
Iran maintained its position as the world’s 10th-largest steel producer.
The double-digit growth comes amid global market volatility and energy price fluctuations.
Steel remains a strategic industry for Iran, feeding construction, infrastructure, automotive, and export sectors.
Go deeper:
The steel sector is a cornerstone of Iran’s non-oil export strategy.
Authorities say investments in technology upgrades and domestic supply chains have helped offset the impact of sanctions.
Mojtaba Darabi - A.Akbari
