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Azna Steel to Expand Steel Sheet Production Capacity

Steel News - Published on Tue, 18 Jun 2019

Image Source: fooladtechnic.ir
Financial Tribune reported that Azna Steel Complex is expected to be inaugurated by the end of the current fiscal year (March 2020) in the city of Azna, the capital of Azna County in Lorestan Province. The steel production unit will have an annual production capacity of 1.2 million tonnes of different steel sheets. The construction cost so far stands at USD 75.82 million. It has made 70% progress. A further USD 12.82 million are required before the complex could become operational.

This is the first development phase of the complex and will create around 560 direct jobs and 1,160 indirect ones.

In the second phase, 700,000 tonnes of slabs will be produced in the second phase that will create 600 direct jobs.

Source :

Posted By : Ratan Singh on Tue, 18 Jun 2019
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