Iron and Steel

Iranian steelmakers invest $1 billion to launch new steel project

Iranian steelmakers invest $1 billion to launch new steel project
Mining News Agency -Iranian Imidro and domestic mining consortium would invest approximately US$1 billion in new steel and mineral project.
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Mining News -One of the investments was Kurdistan Steel, which would begin to build the mills in September.

These capacities of outputs would be 2.5 million tons of iron ore concentrate, 2.5 million tons of pellet, 1.6 million tons of direct reduced iron (DRI), 1.5 million tons of molten metal, and 1 million tons of hot-rolled flat steel per year.


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