11
May
01:00
China to release $2 billion to Iranian steel industry
Chinese investors are ready to pay the first €1.8 billion ($2 billion) to fund a steelworks project in Iran’s southwestern province of Sepiddasht, according to Iranian media. A total of seven projects are planned with Chinese funding, part of Iran’s plan to reach 55 million tonnes/year of crude steel output in ten years’ time.
Two of the seven mills could begin production by the end of the current Iranian year (21 March 2016), accordin…
This article contains premium data.
It is only available for active subscribers and clients currently
on trial. To continue reading, see the options below.
on trial. To continue reading, see the options below.
Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous