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10 Jun
13:54

Iranian re-roller plans capacity increase

Re-roller Kavir Steel plans to increase rolling capacity by 300,000 tonnes/year to 1.2 million t/y in the Iranian year through 20 March 2021. The firm’s shareholders have also approved a project to add crude steelmaking and billet casting capacity. In the month through 20 May 2020 Kavir Steel’s sales rose 12% on-year to 92,143 tonnes, while in the two months through 20 May sales grew 14% on-year, the company’s chief executive, Ahmad Khoroush, tel…
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