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06 Dec
15:23

Mobarakeh Steel sees production growth

Mobarakeh Steel (MSC) and subsidiary Saba Steel reported a 13% on-year increase in combined crude steel production in the eight months through 21 November to 5.34 million tonnes, Kallanish learns from Iran’s largest steelmaker. The firm’s sales value surged 45% to $13.93 billion, with sales in the month through 21 November alone reaching $2.72 billion. MSC alone produced 4.5mt in the eight months, up 5%, while compact strip mill Saba Steel produce…
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