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Hormuzgan Steel Complex plans to double steel production

23 August 2011: Hormuzgan Steel Complex plans to increase the annual production capacity of the plant from 1.5 million tonne to 3 million tonne.

Mobarakeh Steel Company acquired Hormozgan Steel Complex in a tender held late last Iranian year (ended March 20). The Steel Complex is the most modern in the country and one of the best in the Middle East.

Source: Zawya