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Sales of Iran Alloy Steel Company revealed

Business Materials 24 December 2019 18:05 (UTC +04:00)

BAKU, Azerbaijan, Dec. 24

By Elnur Baghishov - Trend:

Sales of Iran Alloy Steel Company in Yazd province amounted to 19.9 trillion rials (about $475 million) for the nine months (March 21-Dec. 21) of this Iranian year (began March 21, 2019), Trend reports referring to Iran’s Securities and Exchange Organization (SEO).

The company sold a total of 324,000 tons of products, according to the report.

The following table shows the company’s sales for 9 months. (In Iran’s official exchange rate of 42,000 rials for $1).

Product name

Tons

Sum (in USD)

Alloy

243,322

387 million

Superalloy

79,853

86.1 million

Final product

1,495

1.4 million

Total

324,760

475 million

Iran Alloy Steel Company was established in 1999. The plants of this company produce alloys and final products. The products of this company are used in automotive, mechanical engineering, oil, gas, petrochemical, power plant, railway, medical supply and other industries.

The company’s plants are expected to produce 1.3 million tons of steel alloys annually.

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