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28 Aug
17:17

Esfahan Steel eyes blast furnace restart this year

Esfahan Steel (Esco) plans to restart its idled blast furnace no.1 in two months’ time, permitted there is sufficient supply of iron ore lumps, a company official tells Kallanish. It therefore aims to produce over 3 million tonnes of liquid steel in the Iranian year through 19 March 2020 versus 2.41mt in the previous year. Iran’s third-largest and only BF-based steelmaker has planned for a while to restart BF1, but this has been delayed by liquidity …
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