When the nuclear agreement, a foreign policy achievement of Obama's presidency, was signed in 2015, the majority of sanctions against Iran were either cancelled or eased. From that day on, the economic situation in Iran has changed substantially, offering outstanding opportunities for foreign companies - also for those related to the wire, cable and tube industries.
As reported by the Iran Wire trade show website, since 2016, gross domestic product has increased by 6.5% while inflation has fallen. Transport networks are being expanded, industrial plants are being modernised, vehicle construction is being privatised, and utilities need to become more efficient. The construction sector is set to be an immense lucrative opportunity for new investors and companies. According to Project Iran, the country’s construction trade exhibition, this field is expected to grow of about 6% during the next 5 years. 700,000 are the housing units supplied per year; 1.5 million are the ones demanded.
Moreover, the region's unfinished water projects, valued USD 42.8 Billion, and the tourism, sector to be revitalized and for which Iran has negotiated an investment package worth USD 25 Billion, are two other important factors to consider.
What about the steel industry?
As established by the 20-Year National Vision Plan (2005-25), Iran seeks to become the world’s sixth largest steelmaker by 2025, with a crude steel output capacity of at least 55 million tons. An achievable result considering that Iranian steel mills produced 17.9 million tons of crude steel in 2016, registering an 11% growth year-on-year, according to the data released by World Steel Association. Of course more investments and efforts will be needed.
What comes next?
Lately, however, some shadows appeared on the horizon for Iran's economy with US President Donald Trump decertifying Iran’s compliance with 2015 nuclear agreement. Mr. Trump’s formal step gives Congress 60 days to decide whether to reimpose nuclear sanctions — the deadline falls in these days.
Needless to say that, should this occur, the situation would suffer abrupt and unpredictable changes. More clarification can be found on this article of New York Times.
The only Iranian trade fair on wire, cables, pipes, tubes, profiles and accessories will take place at the state-of-the-art exhibition centre EXHIBIRAN INTERNATIONAL Fairground on December 6-9, 2017. The Aria Group, owners and organisers of Iran Wire, will be holding this trade fair for the first time at the new exhibition centre with the professional support by the Messe Düsseldorf professionals. About 100 companies are going to be exhibiting.
Hall plan >>
Site plan >>
Exhibitors list >>
Opening hours and admission fees >>
Many companies appearing on Expometals.net are going to be present as exhibitors at the show.
This is the list of these in alphabetical order, together with their booth number and their recent news stories they released before the event.
ACIMAF, Italy, stand no. A6-C04: Italian Wire Machinery Association: the most promising fairs and markets of the year
CONDAT, France, stand no. A6-B2
DEM, Italy, stand no. A6-C5
EURODRAW, Italy, stand no. A6-A3
GIMAX, Italy, stand no. A6-D3: Wet and dry drawing combined: an advanced technology
IWMA, Great Britain, stand no. A6-C2
NEWTECH, Italy, stand no. A6-C3: Newtech to present enamelling and conductor insulation lines in Iran
NIEHOFF, Germany, stand no. A6-D4: How costs can be sustainably reduced by using Niehoff machinery
PAN CHEMICALS, Italy, stand no. A6-B4: Iran Wire: lubricants and coatings for the wire industry on showcase
ROSENDAHL NEXTROM, Austria, stand no. A6-A10: Rosendahl’s smart line control system
SEI SISTEMI, Italy, stand no. A6-B6
STRECKER, Germany, stand no. A6-A5: The butt welder Type 1 and the special Strecker multiplication table
TKT GROUP, Italy, stand no. A6-C8
RAAJRATNA METAL (Erre Inox), India, stand no. A6-A13
VÖDKM, Austria, stand no. A6-B11
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