With the opening of the Neishabur Steel Project, the country’s direct reduced iron production capacity has increased to 800 thousand tons, annually. Shargh however, considers this as one of the seven projects which were carried out at incorrect locations during the presidency of Mahmoud Ahmadinejad. Although these projects were halted in 2013, with the presidency of Hassan Rouhani, their development was later restarted. Mohammad Karbasian, CEO of IMIDRO told Shargh, Once a project has commenced, either correctly or incorrectly, halting it has political and social consequences. This has led to agricultural lands in Neishabur which were suffering from a water crisis, to change to industrial land. The first phase of Neishabur steel has been completed with financing from Parsian Bank (85%) and IMIDRO (15%). The Iron ore for this complex is supplied from Sangan mine with a current production capacity of 2.6 million tons of iron concentrate.
The price of housing in Tehran has grown by 30% compared with last year, and the western part of Tehran, especially small apartments have seen the largest growth. Shahrvand writes that the price of construction […]
Dr. Abidi Pharmaceutical Laboratory engages in the research and development, manufacture, and sale of pharmaceuticals. It provides analgesics, anthelmintics, antidiabetics, antihistaminics, antiinfectives, antirheumatics, bone resorption inhibitors, CNS agents, cold products, CVS and GI agents, and […]
The Government to pay 4000 IRR in subsidiaries per each dollar spent to import essential goods. Iran writes, prior to the unification of the currency rate, essential goods such as corn, barley, soy and press […]