Saba Steel Complex Production Doubles

First Vice President Es'haq Jahangiri accompanied by Minister of Industries, Mining and Trade Mohammad Shariatmadari inaugurated a development project at Saba Steel Complex in Isfahan Province on Tuesday.
The project, which includes setting up a continuous casting mill, has been launched through €146 million of investment by Italy's Danieli Group and 2.53 trillion rials ($60.3 million) of local credit.
It boosts Saba's output capacity from 750,000 tons to 1.6 million tons per year.
As a subsidiary of the flat steel producer Mobarakeh Steel Company, Saba's main products include hot-rolled coil, steel sheets and stainless flat products, IRNA reported.