Mohammad Reza Nematzadeh was speaking last week at the inauguration of a 5-million-ton/year pellet-making plant that belongs to Mobarakeh Steel Company and is the first such plant at the Sangan iron ore reserve, the biggest Iranian reserve in the northeast, S&P Global PLatts reported.
“The country’s iron ore pellet-making capacity is 31 million tons/year now, but this capacity will be increased to 45 million tons/year [by] the end of the current Iranian year,” he said.
The current capacity for concentrated iron ore of 46.5 million tons was planned to be increased to 55 million tons/year and DRI production capacity was slated to reach 34.5 million tons/year from 30 million tons/year now, he added.
Nematzadeh said 22.5 million tons/year of iron ore concentrates and 17.5 million tons/year of pellets are planned to be produced from the Sangan deposits but, because of water shortage in this area, there is no plan to start steel production.
Source: Financial Tribune