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An Iranian company exports billions of dollars worth of steel to Iraq and other countries

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An Iranian company exports billions of dollars worth of steel to Iraq and other countries

Post by RamblerNash on Mon Nov 26, 2018 11:12 am

An Iranian company exports billions of dollars worth of steel to Iraq and other countries

Twilight News

one hour ago

The company's exports of steel products last year amounted to 8 billion dollars, referring to the production of railway bars.

In a press conference marking the 51st anniversary of the company's founding, Isfahan's chief executive officer Mansour Yazdi Zadeh said that the iron-melting company has now become a stock exchange company and has a role to play in meeting various needs. Despite privatization, The company has a national outlook.

"As well as steel production, the company manufactures railway rods, and at present it has started producing UIC60 rods used in high speed lines."

"We have pledged to produce the entire metro lines in the country as well," he said. "He said.

Yazdi Zadeh pointed out that the nominal capacity of the iron melting company in Isfahan is 4 million tons of iron and 3.2 million tons of steel.

He pointed out that the exports of the iron smelter company in Isfahan to the outside of the country amounted to 8 billion dollars and that its products have also reached the maximum Asia, and there is a plan to export the company's products to Syria and Yemen to maintain their share in global and regional markets.

He also noted that the iron smelter company in Isfahan has exported nearly 610 billion tumans ($ 8,000) of its products to Iraq and Afghanistan over the past eight months.


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