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22 Oct
16:43

Imidro chairman steps down

Mehdi Karbasian has resigned from his post as chairman of the Iranian Mines and Mining Industries Development and Renovation Organization (Imidro). As chairman of the expansive state-owned metals holding, Karbasian was one of if not the most influential figure in Iran’s steel industry. In recent years he oversaw the commissioning of numerous direct reduced iron plants whose construction had initially been stalled prior to 2014 due to a lack of funding. Ira…
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