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04 Apr
14:43

Primetals to carry out €1.8 billion of Iranian projects

Primetals has signed an agreement to carry out €1.8 billion ($2.05 billion) worth of steel projects in Iran with Fakoor Sanat Teheran Engineering Co., Kallanish learns from the technology supplier. Iran has large iron ore deposits and energy resources, making it a strong potential future business opportunity, according to Primetals. Economic development is seen driving an increase in Iranian steel demand, especially in the infrastructure and oil & gas i…
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