Azerbaijan, Baku, Feb. 14 / Trend, A.Yusifzade /

According to the Iranian Mines and Mining Industries Development and Renovation Organization (IMIDRO) Iran Alloy Steel Company (IASCO) has increased its production by 16 percent in the first 9 months of the current Iranian year (March 21 to December 21, 2010) compared to the same period of last year.

Iran Alloy Steel produced 185,000 tons of semi-finished steel and 191,000 tons of finished steel in the first 9 months of the current Iranian year started March 21, 2010.

IASCO, a well-known alloy and special steel producer in Iran and the Middle East and one of the most advanced alloy steel producer in the world, operates since 1994.

Steel Making Plant, Heavy Section Mill, Light Section Mill, Heat Treatment and Finishing Plants of this company are equipped with modern facilities and the most updated know-how technology, which guarantees the best quality production of different alloy and special steel grades, based on international standards.

IASCO products are extensively used in different industries such as oil and petrochemical plants, automotive parts, machinery, tool manufacturing, medical, surgical and other industries.

IASCO encompasses the technology for production of more than 160 steel grades in different groups.

In addition, IASCO is capable of designing and producing more than 150 alloy steel grades, micro alloy steel containing Boron, Vanadium, Titanium and Niobium and new Sections.

According to the statistics published by the World Steel Association (WSA), Iranwas one of the largest steel producersin the Middle East during the first 10 months of 2010.

During this period, steel production in Iran increased by 6.4 percent to 9.855 million tons.