Publishe Date: 1:05 AM - 4/25/2013 | Print

Iran Inaugurates Middle-East's Biggest Coke-Producing Plant

Economy - The Middle-East's biggest coke-producing plant equipped with a 7-meter-height battery was inaugurated in Isfahan, Central Iran, on Wednesday in the presence of President Mahmoud Ahmadinejad.

One of the unique features of the coke-producing plant which has been built in Isfahan's steel factory is its 7-meter-height battery, standing 2.5 meters higher than the tallest battery of coke-producing plants in the Middle-East.

Construction of the plant has cost the country $161mln.

The plant can produce 900,000 tons of coke which will be used in the furnaces of Isfahan steel factory and saves the country 300mln euro each year.

Iran plans to boost its annual steel output capacity to 42 million tons in the near future.

"By the end of the Fifth Five-Year Economic Development Plan (2011-2015), the country's steel production output will stand at 42 million tons," Managing-Director of Mobarakeh Steel Company Mohammad Massoud Sameenejad said earlier this month.

"In the next 12 years, Iran's steel output will amount to 55 million tons," he added.

He noted that 40 countries in Asia, Europe, America and Africa are importers of steel from Iran.

Earlier this year, the World Steel Association (WSA) announced that "Iran is the largest steel producer in the Middle-East and North Africa.

According to WSA's report, Iran produced 14.463 million tons of crude steel in 2012, and was named the first largest producer of crude steel in the Middle-East and North Africa.

The country's main steel mills are located in Isfahan and Khuzestan provinces.

Iran has risen its steel production output by more than 9 percent, the WSA announced in January, adding that the country is now the world's 15th steel producer.

Among 62 world major steel producers, Iran jumped two steps higher and became the world's 15th steel producer in 2012, the report said. Iran ranked above UK, Spain and Canada.

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