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News ID: 2380
Iran » Iran
Publish Date: 15:43 - 12 October 2013
Tehran, YJC. Official says that in the coming two weeks, Iran will start seven projects in steel industry.

Head of the Board of Directors of IMIDRO Mahdi Karbasian in the sidelines of a session to sign contracts with Italian and German-Iranian companies to expand the Iranian steel industry said "The contract was made to produce one million tons of steel in Sirjan. The reduction section which produces direct-reduced iron has so far had 80 percent progress and it will be inaugurated by the end of the year. Meanwhile, the second part of the project which is to continue the steel production line will be carried out by Italian and German-Iranian companies.”

Karbasian added "So, the Sirjan Steel Company has made contract with the Italian and the Iranian-German companies.”

He added that the project is to be operational in 2 years and create close to 1,500 jobs.

He also said that he had made negotiations with a high-ranking Chinese delegation to start seven projects in steel and that the deal will be sealed today.

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