¡¾Ferro-alloys.com¡¿£ºDr. Keyvan Jafari Tehrani, lron and Steel market analyst, in an interview with Pardazesh va Tolid: "Strategic planning is key to unlocking the full potential of lran's mining and steel sectors"

Dr. Keyvan Jafari Tehrani, Iron and Steel market analyst, in an interview with Pardazesh va Tolid:"Strategic planning is key to unlocking the full potential of Iran's mining and steel sectors" Dr. Jafari Tehrani emphasized that achieving sustainable growth in the mining and steel industries requires the government to adopt a strategic approach, focusing on both domestic and international markets. With his extensive expertise in the global metals market, he provided a comprehensive analysis of the current challenges, the impact of geopolitical and economic factors, and actionable solutions to boost these critical sectors.

When asked what development programs and growth strategies can be designed and implemented in the steel and mining sectors of our country, he replied; The reality is that the mining industry is not in good shape, although the steel industry is somewhat better.
Mining alone accounts for less than 1% of GDP, while steel contributes at least 2.5% of GDP. In my opinion, the most important development and strategic program that the government, especially the fourteenth administration, should focus on includes two main points: First, increasing domestic consumption markets and creating new markets for commodities,mining products, and steel within the country. Second, expanding exports. Previously, I emphasized export development first and then the domestic market.

However, I now believe that with the potential return of Trump, sanctions will undoubtedly intensify, negatively impacting lran's exports, including oil and other goods. There is even a possibility of further sanctions on the Islamic Republic of Iran Shipping Lines, which would increase shipping rates to China as IRISL ships would be grounded, forcing us to rely on foreign ships with higher rates. This would shrink our traditional export markets and make exporting more difficult. Additionally, the government's repeated self-imposed sanctions, such as the export duties imposed by the thirteenth administration, have harmed our exports. These duties, which we know will continue in a modified form under the fourteenth administration, have reduced our export opportunities and caused us to lose some customers.

• [Editor:Alakay]