Managing director of Mobarakeh Steel Company stated: owing to the extensive investments in  steel industry, over the incoming two years, the capacity of steel production in the country will increase from the current 45 million tons to 60 million tons.

Mohammad Yaser Tayebnia warned on Saturday in the opening ceremony of the joint “Mobarakeh Steel Innovation Center & the University of Isfahan” that if conditions not to prepared, this strength point may become a major challenge in the country.

He described the asymmetric growth and imbalance in the steel production chain as the most important challenge facing the industry, stating: “Our strategy to confront this challenge is the development of human capital, promoting productivity, sustainable socioeconomic development and becoming a green industry.”

Tayebnia added that the company’s other strategy is to develop technology and innovation, which of course is not specific to Mobarakeh Steel and can be used in all countries.

Managing Director of Mobarakeh Steel emphasized that the establishment of offices of industry and university is in line with the strategy of technology development and innovation, and we are looking for mutual cooperation between the steel industry and universities, and this cooperation can lead to the acquisition of the required achievements.