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Iran Iron and Steel Metallurgy and Foundry Exhibition in November 2024
Release time:
2025-03-31
The 21st Iran International Iron and Steel Metallurgy and Casting Exhibition IRAN METAFO 2024
According to the World Steel Association report on February 1, 2023, Iran's steel production in 2022 was 30.6 million tons, an increase of 8% year-on-year, continuing to rank 10th in the world, and its output accounted for 69.5% of the total output in West Asia. In 2022, Iran is the country with the largest increase in output among the world's top 10 steel producers.
Iran, with a population of more than 85 million, mostly young people and a complete range of industries, is one of the major economies in Asia. In 2020, Iran's GDP was about US$610.6 billion and its per capita GDP was US$7,527. In 2022, the bilateral trade volume between China and Iran stabilized and rebounded to US$15.8 billion, a year-on-year increase of 7%. This year, the trade volume between Iran and China is expected to grow to US$30 billion, and will further increase to US$60 billion in the future. On March 27, 2021, during his visit to Iran, Foreign Minister Wang Yi signed the "China-Iran 25-Year Comprehensive Cooperation Agreement" with the Iranian government. The signing of this agreement promotes the comprehensive development of bilateral relations and deepens the economic and trade exchanges between the two countries. China-Iran industrial cooperation will usher in new development. For a long time, China and Iran have carried out fruitful cooperation in the fields of automobiles, steel, engineering machinery, metal materials, etc., and China-Iran high-tech industry cooperation has also begun to emerge.
On September 12, 2022, Iran's Supreme Leader Khamenei announced the formulation of the general policy of the "Seventh Five-Year Development Plan", that is, to formulate plans around seven themes, including economy, infrastructure, culture and society, science and technology and education, politics and foreign policy, defense and security, administration, law and justice. At the economic level, attention should be paid to the combination of economic progress and fairness and justice. The average economic growth rate during the "Seventh Five-Year Plan" is planned to be 8%, and the inflation rate will be controlled to single digits during the planning period.
On the morning of September 16, 2022, Iran is about to become a formal member of the Shanghai Cooperation Organization, which will be conducive to Iran and China strengthening cooperation within the international and regional multilateral framework. Iran supports the joint construction of the "Belt and Road" and is willing to deepen cooperation with China to develop a comprehensive strategic partnership between Iran and China.
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