Setareh Simin Hormoz Mining & Steel Industries Copmany

To achieve part of the objectives of “Iran’s Steel Master Plan 1404” in line with country’s macro policies and development / increase of production capacity in the Special Economic Zone to reach 10 million MT per year, an agreement was signed in 2019 in IMIDRO. Subsequently, a consortium consisting of 7 entities of IMIDRO, NISCO., HOSCO,  Mining and Industrial CO. Gol-Gohar, AIDCO and Qeshm Steel Development CO. was established to materialized the foregoing objectives.

Its basic target is to achieve annual production of 6 million which will complete the 10 Million MT production (considering the current 4 million MT production) in Hormozgan Province.