Economical Union “Steel” (Düsseldorf, Germany):

Wichert P., Mag. Econ., e-mail: peter.wichert@wvstahl.de

The first weakening of the economic sanctions against Iran in January 2016 has waken the hopes for revival of the Iranian economics in general and iron and steel in particular. The first muted response of economical subjects, including foreign investors, has initiated the paralytic effect: recession signs increase. But gradually these restricting factors are getting weaker and the new opportunities due to large put-up demand appear. Ambitious aimed parameters declared by the government in realtion with the iron and steel industry hide the risk of arising of excessive production capacities and, as a result, strongly increased export of steel products and international trade conflicts.