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USD 1 billion investment pact signed steel mill in Kurdestan Province- The 19th China (Guangzhou ) Int’l tube & pipe Processing Equipment Exhibition
5/17/2018 管材展-钢管展-steel tube expo-tube &pipe expo |
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Financial Tribune reported that Iran''s largest state owned mining holding and a consortium of steelmakers signed an agreement to invest USD 1 billion in setting up an integrated steel production chain in Kurdestan Province. Mr Mehdi Karbasian, chairman of Iranian Mines and Mining Industries Development and Renovation Organization said that "As per this agreement, capacities will be established for the production of 2.5 million tonnes of iron ore concentrate, 2.5 million tonnes of pellet, 1.6 million tonnes of direct-reduced iron, 1.5 million tonnes of molten metal and 1 million tonnes of flat steel per year.”
He added that "Two or three of the six plants are set to start production in the next three years.”
According to Mohammad Darevazmi, the head of Kurdestan Province''s Industries, Mining and Trade Organization, the consortium is made up of Kimia Maaden Sepahan Company with a 16% share, Emdad Mines Mobilization Development Company with 20% and Sabanour Mining and Industrial Development Company with 20%. He added that IMIDRO owns a 44% stake in the consortium.
管材展-钢管展-2018广州国际管材及管材加工设备展－中国展出效果最好的管材展-巨浪展览
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