Hormuzgan Steel targets 3m tons production
(Minews) - Managing Director of Hormuzgan Steel Company, Morteza Aghajani, said on Sunday that the company will produce up to three million tons of steel annually by next three years.
Aghajani said that the company produced as much as 1,168,000 tons of steel last year and based on schedule, it should reach 1,350,000 tons this year and it will hit three million tons target by next three years once a development project is commissioned successfully.
Hormuzgan Steel Company runs with the nominal production capacity of 1.5 million tons of steel with 200mm and 250mm diameter and 900mm to 2,000 mm width and 6,000mm and 12,000mm length.
Rls 13,000 billion investment in the company will help create jobs with high security for 1,500 people directly and 6,000 others indirectly.
Publish date : Monday 5 January 2015 00:10
Story Code: 18938
