Iron and Steel

How did steel supply structures affect MIDHCO?

How did steel supply structures affect MIDHCO?
Mining News Pro - Chief executive of MIDHCO holding in Iran said that steel supply structures has affected its financial performance.

According to Mining News Pro -Aliasghar Pourmand, CEO of Middle East Mines Industries Development Holding Company (MIDHCO) in Iran commented about the effects of steel supply structures on financial performances of the company.

“Due to the fact that the policy and related programs have not been developed, how the company operates and the immediate financial performance of the company is not achievable,” he said.

“By signification of these structures, further operational plans and implementations in Iranian steel industry companies must be determined, which I guess it will happen soon.”

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