Ali Abbaslu, Sirjan Steel Managing Director, said the shortage of pellets in direct resuscitation units has made sponge iron less than the country’s nominal capacity and as such, the demand for sponge iron mills remains higher than its supply.

Abbaslu added: “It seems like the only way to balance the steel production chain is to create a free and competitive market and set prices based on demand and supply.” This is not the case for Jahan Steel Co. Sirjan and since the plant is located next to Golgohar Mining and Industrial Complex, we supply our required pellets via Golgohar Conveyor Belt and supply raw materials for resuscitation unit. We have no problem and in fact this is one of the comparative advantages of Sirjan Jahan Steel Company over similar companies which also reduces the finished product rate.

He also added: “With the launch of Sirjan Steel World’s No. 1 steel mill with a capacity of 2.5 million tonnes of steel ingots and increased production by the end of the year, naturally, the consumption of sponge iron will increase, so we will not have surplus capacity for sale. Had. So in the near future we will be removed from the list of sponge iron dealers and become one of the domestic and export steel bars.