BAKU, Azerbaijan, May 25. The production of sponge iron by Iran's Hormozgan Steel Company increased by 9 percent in the second month of the current Iranian year (from March 20 through May 20, 2024) compared to the same period last year, executive director of Iran's Hormozgan Steel Company Ataullah Maroufkhani said, Trend reports.
According to him, Hormozgan Steel Company produced 342,804 tons of sponge iron in 2 months.
Maroufkhani noted that the company produced 314,816 tons of sponge iron during the same period last year.
The official stressed that all measures have been taken to increase sponge iron production at the company, and a new production record is expected to be recorded this year (from March 20, 2024 through March 20, 2025).
To note, Hormozgan Steel Company was established in 2006. The company can produce 1.5 million tons of slabs, 1.65 million tons of sponge iron, 90,000 tons of lime, and so on.
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