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01 Feb
00:00

Iran welcomes Posco participation in new DRI-based steel plants

South Korea’s Posco has expressed interest in developing direct reduced iron plants in Iran using its Finex technology that could help Iran reach its ambitious target of over 50 million tonnes/year crude steel capacity by 2025, Kallanish learns from the Iranian Mines and Mining Industries Development and Renovation Organization (Imidro). Finex enables the production of steelmaking-quality DRI from 55-65% Fe content iron ore fines without the …
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