1st Phase of Chaharmahal Steel Plant Goes On Stream
Economy, Business And Markets

1st Phase of Chaharmahal Steel Plant Goes On Stream

The first phase of a major steel plant in Chaharmahal-Bakhtiari Province has become operational, according to the governor general of the province, Qasem Soleymani Dashtaki. The plant. established by Mobarakeh Steel Company with an investment of $17 million, is capable of producing 800,000 tons of direct reduced iron per year. According to the official, the construction of the second phase of the project for producing steel ingots using DRI is due to be completed by the end of August. He also noted that the plant’s third and final phases of steel sheet manufacturing will become operational by 2021, IRNA reported.

Short URL : http://goo.gl/06lbQz
  1. http://goo.gl/l4y8zM
  • http://goo.gl/6NSuJE
  • http://goo.gl/pnjIER
  • http://goo.gl/OphMMm
  • http://goo.gl/i2TmDk

You can also read ...

Europe May Tap Cryptocurrencies to Shield Iran Against US Sanctions
The European Union may opt for digital currencies in its...
Iran’s net hot-rolled coil consumption was 5.6 million tons in 2017, of which 0.8 million tons were imported.
Russia and Kazakhstan are temporarily stepping back on sales...
Secondary Forex Market: Corruption Loopholes Abound
Two goals set have been set for the recent establishment of...
EU foreign policy chief, Federica Mogherini, hailed the imposition of the blocking statute on Monday as a “consistent step forward”.
As it races to save the Iran nuclear deal, the European Union...
Deputy Economy Minister Defends Gov’t Forex Policy
The government’s policy to allocate dollars and euros to...
Colza Production Exceeds Expectations
The government has purchased more than 300,000 tons of colza...
Hashtgerd Subway Station Construction Underway
Iranian authorities are pushing ahead with construction plans...
Plastic Production Plant Launched in Chabahar
A factory producing different kinds of plastic products was...