Iron and Steel

Hormozgan Steel Company’s Slab: One of the Most Valuable Mineral Export Products

Hormozgan Steel Company’s Slab: One of the Most Valuable Mineral Export Products
Mining News Pro - HOSCO’s slab and MSC’s coil is among the most valuable export products Persian Gulf Mining and Metal Industries Special Economic Zone.
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According to Mining News Pro - “Persian Gulf Mining and Metal Industries Special Economic Zone has seen a 710 million dollars export of mining products in the first half of this year,” said Hasan Khalaj Tehrani, CEO of Special Zone.

“In H1, more than 3.1 million tons of mining products has been injected to Iran’s domestic market.”

“Hormozgan Steel Company produced 720 thousand tons of Slab and 820 thousand tons of DRI in H1. Also, South Kaveh Steel produced 720 thousand tons of DRI,” said Khalaj Tehrani.

HBI and Billet

In the first six months of this year, Saba Steel Company produced 235 thousand tons of HBI.

Also, South Kaveh Steel came up with 595 thousand tons of steel and South Steel Co. with 9 thousand tons of billet in H1.

Khalaj Tehrani believes that export outlooks causes added value for Iran’s industry. “More than 1.8 million tons of mining and ferrous products has been imported since these six months that is approximately 710 million dollars. Export value of MSC’s hot-rolled steel is 276 million USD and Hormozgan Steel’s slab is 177 million dollars which they have the export value among the mining products.”


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