South Kaveh Steel Opens 2nd Phase of Steel Plant in Bandar Abbas
Time:Wed, 30 Sep 2020 07:47:01 +0800
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The second phase of steelmaking of SKS, funded with an investment of 311 million Euros by the Mostazafan Foundation in the Persian Gulf Special Economic Zone in Bandar Abbas, started operation on Saturday. The CEO of SKS Ali Dehaqin said that with an increase of 1.2 million tonnes of steel in the second phase, the company's capacity has reached 2.4 million tonnes.
The CEO of Kish South Kaveh Steel Company stated that the international standard has been used in this company and all products of the company can be exported. He specified that 70 percent of the products of the SKS were exported in 2019 and 30 percent were used in the domes.
