Iron and Steel

Hormozgan Steel Company Experienced a 627 Percent Growth

Hormozgan Steel Company Experienced a 627 Percent Growth
Mining News Pro - Hormozgan Steel Co. earned 953 IRRs per share in the first 9 months which had a 627 percent growth compared to the last year.
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According to Mining News Pro - Growth of 627 percent is due to a 30 percent increase in sales, as well as an increase of 1,750 percent in other operating revenues.

It should be mentioned that HOSCO earned 142.9 billion IRRs in the first nine months of this year.

Increasing product sales, production volume to 1.5 million tons and product sales by insisting on exports is HOSCO’s strategies and outlooks in the future.

Also, in the 9-month performance report of Hormozgan Steel, it is expected that in the last three months of this year, the price of export products will not change in comparison to the same period last year.



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