January 20, 2022
The Minister of Industry, Mines and Trade said: Exports are one of the requirements of the steel industry, and in order to increase income and foreign exchange, one should think about the prosperity of exports and production of high-consumption goods in the market.
Seyed Reza Fatemi Amin stated today, January 20, in a meeting with the managers of Khuzestan Steel Companies, which was held at Shadegan Steel: This ministry will have the necessary cooperation to implement the development and prosperity plan of Shadegan Steel Company.
He added: The items needed for the Shadegan steel development plan are being examined in order to take effective action for the prosperity of this industry in Shadegan.
Fatemi Amin clarified: Exports are one of the requirements of the steel industry wpml_nbsp and in order to increase income and currency, one should think about the prosperity of exports and production of consumer goods in the market.
In this meeting, Sadegh Khalilian, the governor of Khuzestan, said: At this historical juncture, all the officials of the system are trying to solve the problems in the country wpml_nbsp wpml_nbsp.
He stated: According to the president, managers across the country should fulfill their duties in order to solve the problems of Khuzestan province.
Amin Ebrahimi, CEO of Khuzestan Steel, also stated in this meeting: At present, 60% of the company’s products are exported. Afghanistan is one of the mining potentials for the supply of raw materials, and with the interactions we have with this country, the raw materials of steel companies can be supplied from this country.
He added: Khuzestan Steel Company has 16,000 employees and the capacity of this company has reached 3.8 million tons in three phases, but this year, due to the challenges caused by power outages and water problems, it produced 600,000 tons and made a profit of 40,000 billion rials. We lost.
Ebrahimi stated: Reducing the profit margins of large steel companies is one of the problems of this group, and if steel companies suffer depreciation above 15%, their profitability will reach zero.
She said: 145 infrastructure development projects are on the company’s agenda to increase the company’s capacity from 3.8 million tons to 4.7 million tons in 1410.
Ebrahimi clarified: We request the removal of environmental crimes from Shadegan Steel and we are ready to spend one percent of the cost of pollution in Shadegan city.