Iron and Steel

Iran Mobarakeh Steel see solid growth

Iran Mobarakeh Steel see solid growth
Mining News Agency -Iran’s largest flat steel producer Mobarakeh Steel Company ended the 11 month of the current fiscal year (Feb. 19) with robust growth in sales value and double digit upticks in production and sales volume.
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Mining News -As per report Mobarakeh Steel sold 6.3 million tonnes of steel products worth over 140 trillion rials (USD 3.1 billion) during the period, indicating a 10.47% and 54.97% growth in tonnage and value respectively compared with last year’s similar period. The steelmaker has so far realized 97% of its sales target for the year and only requires 3.6 trillion rials (USD 81.55 million) more to reach it.


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