Recently, Iran has surpassed China in steel export figures. Therefore, it is seen that Iran's exports of steel products on a world basis are higher than the amount of production it makes. The factor that causes this situation is to offer the country's steel products at a more affordable price.
Steel exports are one of the important factors in the Iranian economy, but the point that draws attention in the field of steel exports is the sale of raw materials. It is obvious that if Iran switches from the sale of raw materials to the export of finished products in the steel sector, steel will provide significant benefits to the country. On the one hand, in addition to providing foreign currency inflow to the country, it is seen that the unemployment rate will decrease by increasing the number of employees for the products produced in high volume upon increasing demand.
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