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Iran shares data on sponge iron production of Sefid Dasht Steel Company

Business Materials 23 April 2022 10:18 (UTC +04:00)
Iran shares data on sponge iron production of Sefid Dasht Steel Company
Elnur Baghishov
Elnur Baghishov
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BAKU, Azerbaijan, April 23. The Sefid-Dasht Steel Company in the Chaharmahal and Bakhtiari Province (south-western Iran) produced 83,250 tons of sponge iron in the first month of the current Iranian year (March 21 through April 20, 2022), Trend reports citing Iranian Mines and Mining Industries Development and Renovation Organization (IMIDRO).

According to the report, the company's monthly sponge iron production increased by 1,105 tons.

There is currently 91-percent physical progress in the construction of the company's new steel plant and is scheduled to be commissioned by the end of the current Iranian year (March 21, 2022 through March 20, 2023).

Meanwhile, in the last Iranian year (March 21, 2021 through March 20, 2022), the Sefid-Dasht Steel Company produced a total of 802,000 tons of sponge iron.

The shares of Sefid Dasht Steel Company are owned by Mobarakeh Steel Company (65 percent) and the Iranian Mines and Mining Industries Development and Renovation Organization, known as IMIDRO (35 percent).

The company currently employs 650 people. It is planned to employ 280 more people in the near future.

The company is building a plant that will produce 1 million tons of steel a year.

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