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Monday, April 4, 2011

Iranian Company Ups Steel Production by 18% http://english.farsnews.com/newstext.php?nn=9001141291

Khouzestan Steel Production Company, a major steel producer in Southwestern Iran, announced on Sunday that it has upped annual production by 18% and set a new record in yearly production during the last Iranian calendar year (March 21, 2010-March 20, 2011). "The company has produced over 3.024 million tons of steel ingot and succeeded in registering an almost unrivalled 18% growth rate in the year 1389 (March 21, 2010-March 20, 2011)," Managing-Director of Khouzestan Steel Company Abdol-Majeed Sharifi said according to a statement issued by the public relations office of the Iranian Mines and Mining Industries Development and Renovation Organization (IMIDRO). 

Sharifi had also earlier announced in November 2010 that his company set a record in daily production. "Khouzestan Steel Company's ingot production amounted to 257,500 tons in the month of Aban (October 23 to November 21, 2010), showing a 25% growth compared with the same period last year," he said.  "Only on November 17, the company's production stood at 10,500 tons of ingot which set the highest record of daily production in this plant," he added.

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