Group Steel
Comprehensive steel plan to update within 5 months
(Minews) - Chairman of Iranian Mines and Mining Industries Development and Renovation Organization (IMIDRO), Mehdi Karbasian told to Minews comprehensive steel plan will be updated by National Iranian Steel Company (NISCO) within 5 months.

Karbasian said since March when the planned dissolution of National Iranian Steel Company cancelled by cabinet, the company has began updating the comprehensive steel plan, employing consultant and would finalize it within 5 months.

He indicated that in this plan, country's need for iron ore, pellet and steel will be determined.

Chairman of IMIDRO pointed to iron ore as a key mineral and said exploration for new deposits has begun in some areas.

He also called for private sector investment in mines and mining industries sector including iron ore and said there are incentive packages to facilitate involvement of private sector in running projects. 
Publish date : Tuesday 22 April 2014 01:28
Story Code: 6974