Iran's biggest steelmaker Mobarakeh Steel Company plans to establish a second hot rolling mill, which is expected to render the country self-sufficient in steel sheet production.
“MSC’s Hot Rolling Mill No. 2 will have a production capacity of 4.5 million tons of hot-rolled coil per year,” MSC Managing Director Hamid Reza Azimian told Financial Tribune on the sidelines of the Iranian Steel and Iron Ore Market Conference and Expo.
The 10th edition of the event, also known as 'ISMC 2020', was held on Jan. 21-22 at the IRIB International Conference Center in Tehran. Organized by Donya-e-Eqtesad Media Group, the parent company of Financial Tribune, the annual event hosts top officials and experts related to the steel industry every year.
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