The survival and leadership of the steel industry depends on investment in the production chain

Investment in the industry and especially in the steel industry, during the Islamic revolution of Iran, has taken a growing trend and the experience, ability, economic performance, job creation and entrepreneurship of the prosperous and blessed steel industry has shown due to the industrial and mineral resources and infrastructure and the ability and the expertise of human resources inside the country, the development of the steel industry is considered one of the best ways to secure the national interests and sustainable development of the country, and there is definitely a need for more investment and support for this upstream industry.

The production and consumption of steel in the world today is considered one of the signs of transformation and the main indicator of the development of countries, and since the steel industry is the mother industry and an industry builder, its development plays an effective role in the macro-sustainable development of the country and the promotion of economy, trade, livelihood, knowledge and It has technology, education and research and the progress of society in general; Therefore, the growth of the steel industry is known as the main factor of economic prosperity.

In the past few decades, Islamic Iran has always been active in the production and exploitation of steel, and the possession of mineral and energy resources is one of its competitive advantages, and it has led to the superiority of our country in the field of steel industry over the years. This issue, along with the necessity of developing and strengthening the non-oil economy in the eyes of economic policy makers of the Islamic Republic of Iran, has been given special attention in recent decades, and finally it has led to the favorable development and prosperity of the country's steel industry and has elevated the country's position to the tenth largest steel producer in the world.

It is natural that the development of industries, in addition to the need for faith and strong will, goals and plans, and technical and engineering knowledge, requires a huge investment in order to free the country's economy from dependence on oil and move it towards a steel economy, because the experience And the performance of the country's steelmaking units has shown that the steel industry is capable of providing the national interests and needs of the country.

Investment in the steel industry, in addition to creating new markets for this industry, has brought the prosperity of other industries, and due to the rapid return of capital, investing in it is relatively more justified than other industries of the country, and fortunately, this issue is from the perspective of The discretion of the government officials was not neglected and the honorable president emphasized this point in his recent visit to Mobarakeh Steel Company. It is certain that the development of industries requires investment, and if the industry is not progressive and productive, it will not be able to survive in the market and it will become a backward industry, and since the steel industry is considered as a mother industry, its backwardness affects all industries and the economy. The country has a direct impact.

Investing in the booming steel market, using modern technology and innovative methods, methods of reducing energy consumption and reducing costs and preserving the environment are among the needs that the steel industry has correctly recognized in recent years and proper, principled and sustainable planning to provide this It has formulated goals and achieved desirable achievements in these fields. Sometimes, doubts are raised about the wealth creation and profitability of this industry, which, along with the very solid arguments and reasons that explain this profitability well, it is of particular importance to mention that the profitability of the steel industry has always been spent on spending and investment in this chain, and it has caused The balanced and growing development of this industry has become.

It is a matter of pride and satisfaction that Mobarakeh Steel Company, as the largest steel company in Islamic Iran, has made appropriate, favorable and long-lasting investments in the country's steel industry and in the entire steel chain, recognizing the needs and necessities of the country's industry and economy. Implementation of its development plans, in order to meet infrastructure needs and in order to produce without interruption and realize its development plans, it has made many investments in the field of energy, including the launch of the first unit of the 914 MW Martyr Ahmad Kazemi power plant last week and the start of the second phase of the Oman Sea water transfer project. The central plateau of Iran is considered a part of these projects.

all these services definitely requires investment, and it is hoped that the country's macroeconomic policymakers in the government and parliament, while recognizing the necessity of investing in the steel industry and other industries of the country, will take the necessary care to ensure the stability and survival of the country's industry.

Mohammad Javad Barati

Mobarakeh Steel Public Relations Manager