- Write by:
-
Sunday, July 19, 2020 - 3:37:04 PM
-
990 Visit
-
Print
Mining News Pro - CEO and Chairman of the Board of Esfahan Steel Company gathered in a meeting with other managers of this company for bartering raw materials with products on the verge of restarting blast furnace no.1.
“The major challenge of our company is the lack of stable raw materials and this has caused ESCO not to be able to produce at full capacity,” said Mansour Yazdizadeh, CEO of Esfahan Steel Co.
“Blast furnace No.1 is unfortunately unavailable since 2015, but now it’s going to be activated again. This is the result of out staff’s hard work,” he added.
Ali Ahmadian, chairman of the board of ESCO believes that with more than half a century of experience in the steel industry, ESCO has good potentials with specialized human power for increasing the production.
“Interaction of ESCO with mining industry generally follows two targets: Collective efforts for steelmaking in Iran especially in the time of sanctions and production jump. This means replacing final products instead of raw material exports,” Ahmadian said.
It must be mentioned that officials of Iran’s mining sector discussed about the interactions between mining sector and ESCO. Also they visited blast furnace no.1 at the end of the meeting.
Short Link:
https://www.miningnews.ir/En/News/569538
Private credit managers are doing significantly more fossil-fuel deals now than just a few years ago, as they step into ...
Several people have been killed in Liberia in an accident at an abandoned gold mine, the West African country’s mines ...
Iron ore futures edged higher on Monday, supported by hopes of further recovery in demand in top consumer China and ...
Awalé Resources (TSXV: ARIC) stock soared on Monday after the Newmont-backed gold explorer reported outstanding assay ...
Iron ore futures tumbled in Singapore, extending a stretch of volatile trading amid deepening anxiety over Chinese ...
Australia’s Liontown Resources said on Wednesday it has entered a A$550 million ($363.2 million) debt facility for the ...
BHP, the world’s largest miner, has come a long way in the matter of female representation in its workforce, ...
Canada and Australia have agreed to promote shared priorities related to the extraction, processing, and refining of ...
Indian billionaire Gautam Adani’s group will source copper concentrates from Peru, Chile and Australia to kick-start its ...
No comments have been posted yet ...