ESCO Targets 40% Hike in Exports
ESCO Targets 40% Hike in Exports

ESCO Targets 40% Hike in Exports

ESCO Targets 40% Hike in Exports

Esfahan Steel Company is planning to boost the current fiscal year’s (March 2017-18) exports by 40% to about 1 million tons, the company’s chairman, Ahmad Sadeqi, has been quoted as saying by IRNA. The company was Iran’s fourth largest steel exporter last year, as it shipped 640,521 tons of beams, rebars, coils and cast iron overseas, registering an 8% drop compared to the preceding year, according to statistics released by Iranian Mines and Mining Industries Development and Renovation Organization. Founded in 1971, ESCO is Iran’s third biggest steelmaker and largest long steel producer. It is directly controlled by the Ministry of Industries, Mining and Trade.

Short URL : https://goo.gl/oKnPne
  1. https://goo.gl/3OhDld
  • https://goo.gl/ZW00zR
  • https://goo.gl/9FwlJJ
  • https://goo.gl/xB3GAX
  • https://goo.gl/rD3ap6

You can also read ...

Relations with banks from China, the UAE and Turkey had recently hit snags.
A senior Iranian official announced that there are no...
Forex ETS to Expedite Rate Unification
The Central Bank of Iran’s Exports Department has sought to...
Iran signed a $650-million contract with the world’s largest shipbuilding company Hyundai Heavy Industries Company in December for the South Korean firm to build four 14,400 TEU container ships and six 50,000 DWT product tankers.
South Korea was Iran's fourth biggest export destination (...
Production of  the plug-in hybrid Polestar 1, will be launched in mid-2019.
Volvo is creating a new electric vehicle brand that aims to...
Gold Coin  Hits Record
Gold coin prices recorded multiple rallies in the past month...
Kerman Motor assembled 4,217 Hyundai cars during the first seven months of the current fiscal that ends in March 2018.
Local automaker Kerman Motor is trying to shift focus from its...
Gov’t Sends AML/CFT Amendments to Majlis
President Hassan Rouhani has presented two bills for making...
100 Foreign Firms to Attend Iran Investment Forum
Some 100 companies from China, Germany, Denmark, Finland,...

Add new comment

Read our comment policy before posting your viewpoints

Enter the characters shown in the image.