Arzesh Group Status in terms of Sponge iron and briquette Production in Iran
According to the “Steel Production Comprehensive Plan”, local sponge iron production shall be 52 million tons per year by 2025. Approximate amount of produced steel in Iran was 30.44 million tons in by 20th March 2021. If Maad Shimi will achieve its target production capacity of 3.4 million tons per year for sponge iron briquettes, this figure will account for 6.5% of local sponge iron demand. Among the countries bordering the Persian Gulf, only Saba Steel Company & Maad Shimi would be known as producers of hot briquettes.