BAKU, Azerbaijan, Oct. 27
By Elnur Baghishov – Trend:
The sponge iron production of the Sefid-Dasht Steel Company in the Chaharmahal and Bakhtiari Province (southwestern Iran) increased by 13 percent during the first 7 months of the current Iranian year (March 20-October 21, 2020) compared to the same period last Iranian year, Trend reports citing Iranian Mines and Mining Industries Development and Renovation Organization (IMIDRO).
According to the report, the company produced 475,000 tons of sponge iron over the reporting period.
“Furthermore the company produced more than 70,000 tons of sponge iron in the 7th month of the current Iranian year (September 22-October 21),” the report added.
A plant is being built at Sefid Dasht Steel Company that will produce 1 million tons of steel a year. As reported, there is 85 percent progress on the construction of the plant.
About 65 percent of Sefid Dasht Steel Company shares belong to Mobarekeh Steel Company and 35 percent to Iranian Mines and Mining Industries Development and Renovation Organization (IMIDRO).