KSC Profits Triple
KSC Profits Triple

KSC Profits Triple

KSC Profits Triple

Khouzestan Steel Company’s profits in the last fiscal year (March 2016-17) surged over 300% to 6.7 trillion rials ($176.31 million) compared to the year before, the company’s manager, Modarres Khiabani, said. The sharp rise in profits came as KSC become Iran’s largest steel exporter last year by shipping 1.9 million tons of billet and slab, overtaking Iran’s largest steelmaker Mobarakeh Steel Company, SENA reported. KSC shipped about 52% of its 3.6-million-ton total output for the year. The company now exports to 13 countries, some 50% of which are shipped to the Middle East and North Africa region, 40% to the Far East and the remaining 10% to Americas.

Short URL : https://goo.gl/WiIwau
  1. https://goo.gl/p39V3c
  • https://goo.gl/YtQqsP
  • https://goo.gl/FNtJX8
  • https://goo.gl/JFd6of
  • https://goo.gl/NsQHQG

You can also read ...

IMF Pledges Continued Work With Central Bank of Iran
More than a week after US Treasury Department blacklisted...
Billet Export Prices Increase
Iranian export steel billet prices picked up in the week ended...
The Sartak-Pishta border gate between the Kurdistan Regional...
More Grain Shipments to Iran
For transport and logistics industry experts, spring is always...
Majlis Forex Options Still on Agenda
Chairman of Majlis Economic Commission said on Tuesday a...
Foiling US Sanctions on Iran: The EU Blocking Regulation
The EU has announced its intention to protect European...
Bank Lending to Economic Sectors Up 14 Percent
Iranian banks and credit institutions allocated 257.2 trillion...
German Companies Seek Ways to Keep Doing Business With Iran
Germany’s small-to-medium-sized firms, or Mittelstand, are...

Add new comment

Read our comment policy before posting your viewpoints