Baku, Azerbaijan, June 2
By Elnur Baghishov – Trend:
More than 1,600 tons of different wires worth $12.5 million have been exported from Iran's northern Semnan province last Iranian year (started on March 21, 2018), Chairman of the Industry, Mine and Trade Organization of Semnan province Bahruz Asvadi said, Trend reports.
He added that the wires produced by the Moghan wire and cable company in the Semnan province were exported to the neighboring countries.
The Moghan wire and cable company is capable of producing 43,000 tons of different wires per year. About 300 people have been employed in this company, Asvadi said.
He said that the Moghan wire and cable company operates in Shahrud Industrial Estate through the investments worth approximately 1.5 trillion rials (about $35.7 million).