It is learned that Iranian company Yahan Fulad has signed contract with Iranian-German Company MMTE and Iranian-Italian company Tenova, which agreed to build a new mill at Siryan City.
This investment costs around €79 million totally and has planned annual production by 1 million tons.
According to World Steel Association (WSA), Iran had produced 7,327 thousand tons of crude steel in the first of this year, making the country as the biggest steel producer among all countries in Middle East and North Africa.
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