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31 Mar
14:16

Iranian mills finish year strongly despite US sanctions

Mobarakeh Steel (MSC) registered steel sales of 7.58 million tonnes in the Iranian year through 19 March, Kallanish learns from Iran’s largest steelmaker. This was done despite US sanctions on Iran, the firm says. Meanwhile, fellow Iranian steelmaker Khozestan Steel, the country’s largest exporter, produced 3.7mt of crude steel in the year, as planned, of which it exported over 50%. Earlier this year the firm acquired a 60% stake in heavy plate produce…
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