Iron and Steel

75% jump in operational revenue for KSC

75% jump in operational revenue for KSC
Mining News Pro - Khouzestan Steel Company announced that the operational revenue in the first 8 months increased by 75% compared to the same period last year.

According to Mining News Pro - Ali Mohammadi, chief executive of Khouzestan Steel Company (KSC) mentioned the operational revenue increase and said that according to our statistics, total operating income of Khuzestan Steel Company in the eight-month period of this year gave us hope and we are very optimistic about the remaining months of this year and also the path we have in front us.

“The sales rate of the company`s products has experienced a price increase of 5 to 18%,” he added.

“Sales of the company`s main products in both domestic and export markets have reached 2 million and 470 thousand tons which is 5% less than the same period last year,” Mohammadi said.

“It is expected that KSC’s sales rate reaches more than 3 million and 600 thousand tons by the end of the year,” Ali Mohammadi clarified.


News by: Faranak Jalali Farahani

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