Esfahan Steel Company Established an Annual Record in the Last Year

According to Mining News Pro - Mansour Yazdizadeh, CEO of ESC said about the company’s performance last year: “One of the major problems of our company last year was the supply of raw materials specially iron ore. We have taken some steps to solve the issue.”

“Export volume of Esfahan Steel Company decreased in comparison with the year 2017 but the foreign exchange earnings has been increased last year”, Yazdizadeh said. “Production of H300 IPN was one of the company’s major successes. Our company can design and produce this product.”

The capital of ESC increased from 250 million dollars to 470.7 million dollars.

The CEO of ESC mentioned that the company`s target for the new year is to produce 3.7 million tons of cast iron and said: "We hope that with the launch of the first blast furnace in the first second six months and in cooperation with the Ministry of Industry, Mine and Trade and IMIDRO, we hope to realize this program.”