Iranian Steel Industry Tapping Tech Potentials

A digital innovation center implementing steel projects will be established at Tehran University’s Science and Technology Park for upgrading ties between the academia and the key industry.

It is part of the trilateral initiative agreed upon by Iran’s Vice Presidential Office for Science and Technology, Mobarakeh Steel Company and University of Tehran in January for developing a knowledge-based economy.

The center’s construction was officially launched during a Saturday event in the presence of officials from state-owned Iranian Mines and Mining Industries Development and Renovation Organization, the Persian economic daily Donya-e-Eqtesad reported.

Iran is the biggest steel producer in the region. As per its comprehensive steel plan, the country is planning to produce up to 55 million tons of crude steel by 2025.

Courtesy of Financial Tribune