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.
EghtesadOnline: Iran’s veteran steelmaker, Esfahan Steel Company, produced 1.27 million tons of steel products in the first seven months of the current fiscal year (March 21-Oct. 22), posting a 7.06% growth compared with last year’s corresponding period.
EghtesadOnline: Esfahan Steel Company has posted strong growth in sales volume and value in the first half of the current fiscal year (March 21-Sept. 22), extending a continuously rising trend in its performance so far this year.
EghtesadOnline: The Iranian steel industry’s effective push toward exports has helped Esfahan Steel Company bolster its presence overseas, the company’s head of sales and marketing announced.