Iron and Steel

Sefid Dasht Steel Complex seeks to launch two development projects with a capital of 100 million euros

Sefid Dasht Steel Complex seeks to launch two development projects with a capital of 100 million euros
Mining News Pro - The CEO of Sefid Dasht Steel Complex announced the company`s plan to build a billet project and a 100-million-euros cashmere acid scavenger and rolling mill.
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According to Mining News Pro - Mahmoud Arbabzadeh, in a video interview with Mine News, emphasizing that the most important issue in plain white steel is the issue of sustainable water supply, said: Fortunately, last year, an agreement to buy waste water with the water department We had Chahar Mahal and Bakhtiari sewage.
He added: "With this action, we will provide sustainability for the plant for 20 years."


Arbabzadeh said about the provincial 7 projects: "There was always debate about the economics of these projects. Therefore, in White Plain, we tried to complete the project chain in two ways: product diversity, and the production of sheets of galvanized units based on State.


"We also signed the Bilat Ingots project with a Chinese company to complete and complete this project within 2 years so that we can supply the ingot of the neighboring unit that manufactures rebar." By launching this production line, in addition to reducing shipping costs for this climbing unit, we will also create a competitive market for our own billets.


He said another white-plated steel project was followed by the construction of a continuous acid-bed unit and a cold rolling unit, which was recently signed. This unit is supposed to provide the galvanized sheet required by the car plate of Chaharmahal Bakhtiar and and Tarazmetal.


Arbabzadeh estimated the total investment needed for the two projects to be around 100 million euros and said: "The fund is to be financed through China`s finance, and we hope that two projects will be put into operation within the next three years."


In the final section of his speech, he said the physical progress of the White Steel project was 68 percent, adding: "It is anticipated that the equipment will be completed by the end of the year, and the launch phase is scheduled for next year, and is expected to be the first summer of next year. The product will be produced in this unit.

 


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