According to Mining News Pro - Ataollah Maroufkhani, Chief executive of HOSCO said that during the last 7 months the company has experienced a good progress in developing projects.

“The licenses for the company's 900,000-ton reduced plan are in the final stages and will be handed over in the next few days and the process of obtaining a license for 1 million and 250 thousand tons of wide sheet is also being completed,” he added.

“Since the arrival of MSC’s new CEO, we have seen effective and remarkable progression in the field of development in all sections and specially in Hormozgan Steel Company,” he said while mentioning that HOSCO is a subsidiary of MSC.