Global Business in Iran Database
In-depth metrics and analysis of Iran's international economic partnerships.
by admin | Thu, 2009-09-24 13:23
selected project
China Metallurgical Group Corporation to Build Steel Mill in Ardakan, Yazd
description
China's Metallurgical Construction group will build a major steel plant in the central Iranian Yazd province that is expected to bolster Iranian steel production by 1 million tons per annum. Iran hopes to raise its domestic steel production capacity to 30 million tons per annum by 2010.
- Country: China
- Contractor: China Metallurgical Group Corporation
- Amount (Current Dollar Value): $202.903 million USD (current value of $131 million euros reported in June 2008)
Status
- Current Status:
- Discussion Date: Thu, 2008-06-05
- Contract Date: Thu, 2008-06-05
- Completion Date:
Citation
1. "Iran Inks €131mln Steel Deal with China." Fars News Agency. June 5, 2008. Available at http://english.farsnews.com/newstext.php?nn=8703160342
2. "Iran and China inked steel mill supply agreements." China Mining. 6 June 2008. Available at http://www.chinamining.org/Investment/2008-06-06/1212737710d14551.html.
