- Write by:
-
Saturday, August 17, 2019 - 2:36:53 PM
-
1011 Visit
-
Print
Mining News Pro - Hormozgan Steel Company has sold 230 thousand tons of export and 218 thousand tons of domestic steel which caused 82 increase in sales rate of this company.
According to Mining News Pro - Farzad Arzani, CEO of Hormozgan Steel Company (HOSCO) explained the company’s activity: “In the first four month of the year (Solar year) our company produced 495 thousand tons of slab. More than 218 thousand tons has been sold in the domestic market and 230 thousand tons in the export market.
During this period, 82 percent growth in sales and 38 percent decline in exports are remarkable.
He explained about the purchase of Saba Steel Company’s stock: “One month ago, with the cooperation of IMIDRO a Memorandum of Understanding has been inked between Saba Steel Co, MadKoosh Co,
HOSCO and GolGohar. Currently, it is in its administrative stages of being executed.”
“The agreement aims to establish a new company producing 10 million tons of steel out of planned 55 million tons", he said.
Short Link:
https://www.miningnews.ir/En/News/412048
Mining News Pro - The DRI manager of Hormozgan Steel Company's said: According to the plans made in line with the ...
Cleveland-Cliffs Inc. chief executive officer Lourenco Goncalves said he’d consider another bid — with union support — ...
Mining News Pro - CEO of Hormozgan Steel Company said: By using hydrogen in the direct reduction process, Hormozgan ...
Mining News Pro - Chief executive of Mobarakeh Steel, stated: "This year, we achieved good things despite the ...
Mining News Pro - The first daily production record of Hormozgan steel was recorded with the production of 5958 tons of ...
Mining News Pro - Zob Ahan Isfahan was honored to receive the 8th license to use the standard mark for the ammonium ...
Mining News Pro - Chief executive of Khuzestan Steel Company says that the company is the narrator of the development ...
Iron ore futures prices recouped losses on Thursday, after falling for five straight sessions, helped by the latest ...
Mining News Pro - India may exempt certain steel product imports from quality control requirements to meet domestic ...
No comments have been posted yet ...