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Oxin Steel is Iran’s biggest producer of heavy plates, with a capacity of 1 million tons per year.
Oxin Steel is Iran’s biggest producer of heavy plates, with a capacity of 1 million tons per year.
Wednesday, April 25, 2018

Khouzestan Steel to Enter Plate Market With New Acquisition

Wednesday, April 25, 2018

Khouzestan Steel to Enter Plate Market With New Acquisition

Khouzestan Steel Company, Iran’s largest exporter of semi-finished steel products, intends to integrate its production and is negotiating to buy local plate producer Oxin Steel, a company source has told Metal Bulletin.
Located in the southern province of Khuzesta, Oxin Steel is Iran’s biggest producer of heavy plates and has a capacity of 1 million tons per year. It also has a direct-reduction iron plant and a slab mill, each with a capacity of 1 million tons per year.
But in recent years, Oxin Steel’s slab capacity has been idled because plate production required a special quality of slab that could not be produced at the site.
As a result, Oxin Steel was purchasing slabs from Khouzestan Steel as well as importing them from Asia.

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04/25/2018
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