Lorestan Steel Mill to Restart Production
Lorestan Steel Mill to Restart Production

Lorestan Steel Mill to Restart Production

Lorestan Steel Mill to Restart Production

Azna Steel Complex in Lorestan Province is to resume operation after 14 years by November using new Chinese-made machinery and equipment, Lorestan’s Governor-General Houshang Bazvand has announced. The Chinese equipment, the delivery of which was delayed for years due to financial restrictions, has been delivered at Bandar Abbas Port and will soon be moved to the factory, Bazvand added. The steel mill is going to operate with an annual production capacity of 1.2 million tons of rolled products in the first phase and 700,000 tons of crude steel in the second. The industrial complex is expected to create 1,200 jobs, Mehr News Agency reported.

Short URL : http://goo.gl/0VRfUd
  1. http://goo.gl/uv6UMo
  • http://goo.gl/N19ugI
  • http://goo.gl/TIgILJ
  • http://goo.gl/NDR7vp
  • http://goo.gl/p2TdaW

You can also read ...

Effects of Sanctions on Food Consumption of the Poor
It is now clear that the purpose of US sanctions against Iran...
CBI Moves to Sideline USD
As part of the latest measure to ditch the US dollar from the...
New Online System to Monitor Warehouses Countrywide
All warehouses in Iran are required to register in the so-...
Surcharge on Forex Rate Difference “Illegal”
The retrospective application of Clause Five of the government...
Bank Loans Hit €18 Billion in 4 Months
Banks and credit institutions allocated a total of 1.67...
Optimism Over Prospects of Iran Stocks Performance
The latest Consensus Earnings Report shows the price to...
Gov’t to Build  2 New Towns
The Iranian government will commence the process of building...
Saqqez Airport to Be Ready  in 2 Years
The construction of Saqqez Airport, located 266 kilometers...