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 ...

Mental Health Investment: The Economic Case
The link between mental health and economic productivity is...
Bloom and billet sales made up the lion’s share of KSC’s sales.
Iran’s largest steel exporter Khouzestan Steel Company...
IZMDC’s Zinc Output Tops 8,000 tons
Iran Zinc Mines Development Company’s subsidiaries produced a...
Carmakers Pile Into Europe Scrappage Offers
Renault-Nissan and Kia are the latest car companies to launch...
Banks will now draft a single set of balance sheets that adhere to CBI’s IFRS-based templates.
Minister of Economic Affairs and Finance Masoud Karbasian and...
Ikarus buses were popular in Iran during 1990s.
Hungarian bus manufacturer Ikarus is set to re-enter Iran...
Plan to Make Home Loans More Affordable
The administration of President Hassan Rouhani is mulling new...
IRICA Chief  in Turkey
Foroud Asgari, the new head of the Islamic Republic of Iran...