Four Iranian steel projects ready: Official

EghtesadOnline: Four steel production projects using sponge iron technology through the Iranian method PERED were launched, Managing Director of MME (Mines and Metals Engineering) Company said on Wednesday.

News ID: ۷۷۷۸۰۰

19 July 2017

Head of the MME, affiliated to Iranian Mines and Mining Industries Development and Renovation Organization (IMIDRO), Hassan Karbaschi told IRNA that the sponge iron production plant in Shadegan, Miyaneh, Baft and Neyriz are either half implemented or are operational.

“For the first time, the PERED sponge iron technology with a production capacity of 300,000 tons was exported to China,” IRNA quoted him as saying.

Iranian technology PERED for producing sponge iron is registered internationally in Germany, according to Karbaschi.

Noting that the current production capacity of sponge iron in Iran is 18 million tons, Karbaschi said steel projects are required for producing 55 million tons of iron and implementing the projects through the Iranian method can play a significant role in meeting the 2025 Vision Plan in connection with the steel sector.