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September 2018, No. 88


IMIDRO Exclusive

US Schemes for Iran’s Oil, Steel and Copper


“In order to counter the sanctions, we need hard work, high quality and affordable production, and to prevent imports of goods that we produce inside the country”, Jahangiri said.


The first vice president considered the suspension of Iranian oil exports by the United States an empty and unfounded claim and said: “Our efforts and planning should be in the opposite side of the US actions; we must strive to produce enough oil to meet our domestic needs and export the surplus.”

Es’haq Jahangiri, during a trip to Isfahan Province, pointing out that the US Treasury Department has become an economic operation room against Iran, said the most important goal of the United States is to bring serious harms to the Iranian economy and make life hard for the people of Iran in order to increase the level of people’s dissatisfaction so that the Americans could pursue their other goals.

He stressed: “We, as the officials of the country and nation of Iran, must come up with an appropriate strategy to counter the US strategy. Through resistance, precise planning and precision in implementation, we should be able to overcome the US schemes and keep Iran’s economy on its feet and safeguard the lives of the people.”


“We recorded 22 percent growth in steel production, which is much higher than the global average”, Shariatmadari said. 


Noting that the United States wants to bring Iran’s oil exports as its most important revenue to zero by November, the first VP said: “Of course, this is an absurd claim. To realize this claim requires the other countries admit their humiliation against Washington and surrender to the United States.”

Jahangiri added: “Our efforts and planning should be in the opposite side of US actions; we must strive to produce enough oil to meet our domestic needs and export the surplus.” He said: “Another goal of the United States is to prevent the export of Iran’s most important industrial goods such as 45 billion dollars of non-oil goods like steel, copper and petrochemical industries.”

Pointing to US pressure, he said: “If we succeed in our exports, then the next aim of Washington is to not allow us access our oil money. It wants to put pressure on the global banking system in this regard in order to make Iran’s money transfer impossible. Of course, we have come up with solutions to this problem; we have negotiated with European countries, China and Russia in order to do money transfers in an appropriate way.”

Regretting that some people were after profiteering under these circumstances, he said: “We regret that when the Iranian nation is fighting an enemy like the United States, some people inside the country are looking for ways to loot the nation. Of course, we will deal with this small group in the right way.” 

Quality Production: The Solution to Counter Sanctions

Meanwhile, Jahangiri said: “In order to counter the sanctions, we need hard work, high quality and affordable production, and to prevent imports of goods that we produce inside the country.” He described Isfahan as the main focus of the country’s progress in different periods and

said: “Nowadays Isfahan Province is the most important industrial province in the country as it hosts large steel, metal, mining and petrochemical industries, as well as refinery, and other small and large industries. The 75 percent saving in Mobarakeh water consumption is commendable and I would like to thank Dr. Sobhani for all the great work done here.”

He urged the people, farmers and industry owners to save on water consumption, and said: “With 10 percent of water saving in the drinking, industry and agriculture sectors, which have the most water consumption,  the country will not have water problem, and the country’s plains for farming will be fertile.” 

Iran’s Steel Production Higher than Global Average

Mohammad Shariatmadari, Minister of Industry, Mine and Trade said that from 1392 (2013/14) until today, crude steel production has reached 34 million tons. The Mobarakeh steel industry which is known as “from stone to color” industry and its chain and production cycle are complete and has no dependence abroad today is active in the industrial activities of seven provinces.

Referring to the social activities of the Mobarakeh Steel Company, he pointed out: “Although this company suffers from water shortage, it is helping overcome the problem. From 1392 to the present, the share of crude steel production has reached 34 million tons. But providing the infrastructure needs of the steel industry is one of the most important challenges facing the country’s industry.”

He said in the field of mining, good news about identification of new mines and the exact amount of iron ore reserves will be heard soon. “We recorded 22 percent growth in steel production, which is much higher than the global average.” 

Mobarakeh Steel’s 5% Share in Industry

Shariatmadari said during the opening ceremony of the projects of Mobarakeh Steel Company that it has 5% share in the field of industry. Mobarakeh Steel Company has completed the production chain. This establishment has rendered service to the national economy and is present in seven provinces. The minister also said that 4,000 companies are present alongside this complex and 2,800 industrial units are localizing the engineering equipment of this company. According to statistics, 84% of the complex has been localized.

Mobarakeh Steel Company is expected to produce 55 million tons within the 2050 Vision. This complex has a share of one percent in the field of social activities and 5 percent in impact on the industry.

Shariatmadari further emphasized on the important role of Mobarakeh Steel Company in optimal consumption: Good efforts have been made in the area of ​​water storage and waste utilization in the Mobarakeh region so much so that water consumption in this complex has dropped to one seventh in recent years.

 

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  September 2018
No. 88