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20 Apr
14:48

Bonab Steel targets increased production, exports

Bonab Steel Industry Complex plans to produce for sale 450,000 tonnes of billet and 750,000 tonnes of finished product in the Iranian year through 20 March 2021. The Iranian firm is also targeting exports of 150,000t. Overall merchant steel production rose 45% on-year in the Iranian year through 19 March 2020 to 493,000t, with exports reaching 30,000t, Kallanish notes. Bonab Steel, a subsidiary of Mahan Mines and Industries Development Company, has a 600,000…
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