29730
Iran to Buy 250KT of Indian Rails
Economy, Domestic Economy

Iran to Buy 250KT of Indian Rails

As per the decision of Iran’s Economy Council, India will provide 250,000 tons of the 700,000-ton rails needed by Islamic Republic of Iran Railways, announced the managing director of the organization, Mohsen Pourseyyed-Aqaei, on Saturday, adding that the remaining will be met by the resources of Esfahan Steel Company. “Iran would no longer need to import rails from foreign companies once Esfahan Steel Company starts producing rail,” IRNA quoted him as saying. Earlier, Kheirollah Khademi, deputy head of Construction and Development of Transportation Infrastructures Company affiliated with the Ministry of Roads and Urban Development, had announced ESCO will start producing rails by the end of the current Iranian year (March 19, 2016). State-run Steel Authority of India Limited, also known as SAIL, announced last week that it has bagged an export contract to supply about 100,000 tons of 18-meter rails to Iran.

Short URL : http://goo.gl/nTXeYX
  1. http://goo.gl/goCXws
  • http://goo.gl/Wgez4F
  • http://goo.gl/vxXwCI
  • http://goo.gl/6abUBq
  • http://goo.gl/5Q5Uty

You can also read ...

Iran has specified the amount of prescription medicines...
Iran, Iraq Private Sector Officials Meet in Tehran
The chambers of commerce of Iran and Iraq surveyed ways of...
Finnish IT Company Renews Iran Contracts
A Finnish provider of telecom information technology solutions...
Tehran Market: Euro and USD Keep Climbing
Foreign exchange rates were again defiant and continued to...
Iran, UK Renew Trade Commitments
High-level trade representatives of Iran and the UK met on...
TEDPIX Crosses 170,000 Threshold
Major Iranian stock indexes vaulted to fresh records on...
Iran: SCI Reports Consumer Price Changes in Goods, Services Groups
The consumer price index of all 12 groups of goods and...
Iran Bans Tomato Exports Until Further Notice
The Ministry of Industries, Mining and Trade has banned the...

Trending

Googleplus