As reported, Iran exported 70,000 tons of the mentioned product in the first month of this year.

The ministry announced that like the first month of the past year there was no sponge iron import in the mentioned month of the present year.

Meanwhile, sponge iron production increased by 15 percent in the first month of the current year, as compared to the same month of the previous year.

Iran produced 3.026 million tons of the product in the first month of this year, while the figure was 2.626 million tons in the first month of the last year.

Direct reduced iron (DRI), also called sponge iron, is produced from the direct reduction of iron ore (in the form of lumps, pellets, or fines) into iron by a reducing gas or elemental carbon produced from natural gas or coal. Many ores are suitable for direct reduction.

While Iran is fighting the U.S. severe sanctions on its economy, and the country’s different industrial and economic sectors have been affected by the limitations and difficulties caused by the sanctions condition, the country’s mining sector is moving forward noticeably, overcoming such barriers.

Among the mining sector’s different products, sponge iron is an outstanding example, as the production of this item is rising more and more in the country.

Iranian Mines and Mining Industries Development and Renovation Organization (IMIDRO), Iran’s largest metals and mining holding, has stated that one of the most important reasons for the increase in sponge iron production in Iran is the establishment of new sponge iron plants, adding that in recent years, with its new strategy and with the participation of the private sector, the organization has been able to launch several projects to produce sponge iron.

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Morteza Niroomand Oskuei, the managing director of the province’s Industrial Parks Company, said that the number of revived units was the same as planned.

The official said that the mentioned units were inactive mainly because of the banking, insurance, and tax problems, and returned to the production cycle through the serious support of this company and other related provincial organizations.

He announced that over three trillion rials (about $71.42 million) were invested to revive those units, and reviving them created jobs for 1,612 persons.

As announced by Deputy Industry, Mining, and Trade Minister Mehdi Sadeqi Niaraki, 1,500 idle industrial units have been revived in the country during the past year.

According to Niaraki, over 6,500 new industrial units were also established across the country during the mentioned year which created jobs for over 121,000 people.

Touching upon the Industry Ministry’s plans for the realization of the motto of the current year which is named the year of “Production: support and the elimination of obstacles” by the Leader of the Islamic Revolution, the official said: “In the year that has been dedicated to the production sector by the Leader of the revolution, the orientation of all government organizations and executive bodies should be towards supporting the country’s industrial and mining units.”

Niaraki pointed to a 40-percent increase in the issuance of establishment licenses for industrial units in the previous year, saying: “The number of establishment licenses increased to more than 36,000 last year, which shows that people are encouraged to invest in the productive sectors.”

He also mentioned an 85-percent rise in the allocation of land for establishing industrial units across the country and noted that over 4,500 hectares of land were handed over to applicants in the previous calendar year.

According to the official, there are over 46,000 small and medium-sized industrial units in Iran’s industrial parks and zones, of them about 9,200 units are inactive.

Iran’s industrial parks play a significant role in making the country independent through boosting production, which is a major strategy of Iran to combat the U.S. sanctions.

In fact, strengthening domestic production to achieve self-reliance is the most important program that Iran is following up in its industry sector in a bid to nullify the effects of the U.S. sanctions on its economy.

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