Iran’s met coal mines struggle as steelmakers turn to gas

摘要

Iran’s metallurgical coal miners are likelyto continue to grapple with weak demanddespite the country’s ambitious plans totriple steel output to 55 million mt/year, assteelmakers increasingly opt for gas.Iran requires its steelmakers to sourceat least 30% of their met coal requirementsdomestically. However, this has donelittle to spur demand, as 85% of Iran’ssteel industry is based on direct reductiontechnology for steelmaking using naturalgas instead of coal.