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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.

Financialtribune.com