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11 Apr
14:32

Esco eyes output, export increase after annual record

Esfahan Steel (Esco) plans to produce an annual record 3 million tonnes of crude steel in the Iranian year through 20 March 2019. The firm says it will overcome water shortages that have hitherto hampered iron-making. The target for exports is 1.5 million tonnes. In the Iranian year through 20 March 2018 Esco exported 1.15mt of steel, itself an annual record and up 78% on-year. This represented 54% of production. The firm obtained Cares certification and shipped…
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