Iran Press/ Iran News: Saghand iron ore concentrate plant is under construction with an investment of 7,000 billion Rials, aiming at increasing the economic power of the country and creating employment for 300 people.
The production capacity of Saghand iron ore concentrate plant is one million tons per year, which plays an important role in the production of Iranian steel.
The raw material for the production of steel is iron ore that is converted to concentrate and then to pellets and finally to steel. Iron ore processing is one of the most important stages in the steel production chain.
According to the caretaker of Iran's Industry, Mine, and Trade, currently, the country's steel production capacity is 28 million tons per year; 55 million tons of annual steel production in Iran has been assigned to obtain in 1400 (Persian year). 207/216
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