Hormozgan Steel Company is the leader of "production growth" in Iran’s steel industry

According to Mining News Pro - Since the beginning of this year, Hormozgan Steel has been the leader of the production growth in the country's steel industry by registering a 7.5% jump in the production of metal and 23% in DRI production.

Maroufkhani, chief executive of Hosco said that production growth will create economic prosperity in the country and create sustainable employment. Especially since the steel industry is considered as a basic industry and the prosperity of many industries depends on it. Therefore, when we see production growth in the steel industry, other downstream industries will also benefit from this production growth.

Referring to the production growth in Hormozgan Steel during the first five months of this year, he added: One of the most important goals of Hormozgan Steel this year is to increase production along with increasing the speed of implementation of development plans.