EghtesadOnline: Esfahan Steel Company (ESCO) has signed an agreement with Tehran Metro Company for providing 800 tons of rails to boost the development of urban and intercity railroads.
EghtesadOnline: Esfahan Steel Company (ESCO) exported more than 877,000 tons of steel products during the first nine months of the current Iranian year (March 21-Dec. 21) to register a 30% rise compared with last year’s corresponding period, says managing director of the company, Mansour Yazdizadeh.
EghtesadOnline: Despite the 25% customs duty imposed on the export of iron ore, the export of raw materials used in steelmaking is continuing and the duties have not discouraged exporters at all, the managing director of Esfahan Steel Company said.
EghtesadOnline: Esfahan Steel Company (ESCO) has handed over the first batch of domestically produced 60E1 (UIC60) rails to the Construction and Development of Transportation Infrastructure Company.
EghtesadOnline: Esfahan Steel Company has produced 1,000 tons of UIC60 rails based on the latest international standards, the manager of the Rolling Engineering Department of ESCO said.
EghtesadOnline: Esfahan Steel Company has produced the second batch of rails to be delivered to the Islamic Republic of Iran Railways.
EghtesadOnline: Mansour Yazdizadeh has replaced Ahmad Sadeqi as the new managing director of veteran steelmaker Esfahan Steel Company. The new director has spent most of his professional career at ESCO.
EghtesadOnline: Esfahan Steel Company's major shareholder is planning to sell its stake in the veteran Iranian steelmaker and potential domestic and foreign buyers have already lined up, the managing director of majority stakeholder Social Security Investment Company said.
EghtesadOnline: The spell is finally broken, as Iranian Privatization Organization has sold two controlling stakes in Esfahan Steel Company and Iran Aluminum Company following several unsuccessful attempts.
EghtesadOnline: Domestic rail production, although less costly compared to importing foreign products, is still struggling to get off the ground, the deputy head of Construction and Development of Transportation Infrastructures Company said.