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10 Jul
15:29

Iranian consortium signs MoU for steelmaking group

A consortium of Iranian Mines and Mining Industries Development and Renovation Organization (Imidro) and five companies have signed a memorandum of understanding to create a 10 million tonnes/year crude steelmaking group. The move represents a clear step forward for the long-touted plan to consolidate steelmakers based in the Persian Gulf Special Economic Zone (PGSEZ) in Bandar Abbas on Iran’s south coast. The plan was initially envisaged to create economi…
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