25
May
01:00
Iran signs contract for new steelworks at Chabahar
The Iranian Mines and Mining Industries Development and Renovation Organization (Imidro) has signed a contract with a consortium of private sector firms to construct a 3 million tonnes/year steelworks in the country’s southern city of Chabahar.
The new works – named Makran Steel after the coastline it will be situated on – will comprise an iron ore pelletising plant, direct reduced iron plant, electric arc furnace meltshop and hot strip and…
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Very good overview of the weekly steel market.
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