Economic & Industrial

Sanctions will not create a gap in production, financial and export activities of Mobarakeh Steel Co. / Localization is a clever move.

Sanctions will not create a gap in production, financial and export activities of Mobarakeh Steel Co. / Localization is a clever move.
Mining News Pro -  The deputy chairman of the Mobarakeh Steel Company, Esfahan, made a clear statement after the news that Mobarakeh Steel was placed on the list of new US sanctions imposed on the US Treasury last night.
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According to Mining News Pro -In the text of Amir Hossein Naderi`s letter: "International sanctions are not new and Mobarakeh Steel has been faced with other sectors of the economy since many years ago, and this has been a disadvantage in the production, financial and export activities of the company. Will not.

Referring to the fact that Mobarakeh Steel has been making clever actions with localization and domestic power utilization in the past year, he provided all the components he and the companies in the group said: In the few cases left with The replacement of other countries has practically no dependence on the United States.


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