Mining Conference Could Strike a Balance in Steel Industry
- Created on Monday, 18 May 2015 17:53
Iran Mines and Mining Industries Summit, which is going to be held on May 31-June 1, 2015, will pave the way for strengthening and expanding technical, commercial and economic cooperation with international counterparts and achieving fruitful outcomes.
Mr. Aghajani s added that due to incurred damage, a huge volume of raw materials such as pellets were imported. Such a gathering would coordinate mine and steel sectors.
In spite of existing rich potentials in mining sector, insufficient investment were made in the recent years and many mining companies moved to complete steel chain. We should take advantage of the available opportunities for enhancing the productivity in booth steel and mining sectors.
Hormozgan steel mill with 1.5 mty slab (with 250 thickness) capacity is fed with Golegohar pellet, but the supply was faced with some hindrances last year, leading to considerably enhancing of imports.
However the plant capacity was increased last year by ten percent. The company will continue to produce value added products such as octgs.
At present 3100 employees are working in this company.
In the first phase, it is planned to enhance the existing 2.5 mt pellet capacity to 5mty. It is expected the plant to set up its pelletizing plant by the four years.