According to Mining News Pro - Butia Iranian steelmaking projects has been exploited in November, 2021 and this will increase Iran’s production capacity.

This meeting has been held with the presence of Midhco’s CEO, Pasargad Bank’s CEO, Chairman of the Board of Directors of Midhco, and chief executive of Butia Steel Company.

“Today is a big celebration for the country's industry, which is honestly an industrial masterpiece,” said Pasargad Bank’s CEO.

Butia Iranian Steel factory has the potential to produce a variety of billets, bloom and blanks. It also produces 1.5 million tons of steel ingots.

With the launch of this project, the steel production capacity of this holding reached 2.4 million tons per year.