21
Dec
15:49
Iran needs $9 billion investment to reach capacity target
Iran will need to invest around €3.44 billion ($3.59 billion) in order to reach its target of 55 million tonnes/year crude steel production capacity by 2025, according to National Iranian Steel Co. (Nisco) managing director Abdolmajid Sharifi.
Investment into accompanying direct reduced iron, iron ore pellet and iron ore concentrate capacity is seen needing to be at €2.25 billion, €1.35 billion and €1.76 billion respectively.
Iran saw iron…
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Anonymous
Very good overview of the weekly steel market.
Anonymous