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Sabanour Mining and Industrial Development new pelletizing plant to roll out by summer end-The 18th China(Guangzhou ) Int’l Casting product Exhibition
4/19/2017 casting expo-Die-casting expo-foundry expo |
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Iranian iron ore producer Sabanour Mining and Industrial Development Company plans to complete its new pelletizing project called Asadabad Pelletizing Plant located in Hamedan Province by the middle of the current Iranian year (started March 21). The project with a capacity of 550,000 tonnes of pellets per year is now more than 80% complete, Metal Expert reported.
Local sources said that if funding comes and capital requirements are fulfilled, the plant will become fully operational by the end of July.
Mr Keyvan Jafari Tehrani, the head of international affairs at Iron Ore Producers and Exporters Association of Iran said that “The plant is expected to be commissioned at the end of July-early August 2017.”
The iron ore for the new pelletizing asset will be supplied from Baba Ali and Galali mines. The pellets are expected to be distributed to local direct-reduced iron producers and steelmakers to cover the growing needs in melting feedstock, amid the implementation of government plans for higher crude steel output.
Expansion in the pellets segment will help fully satisfy the needs of local steelmakers and boost shipments abroad, taking into account current plans to withdraw an export duty of 15%.
As per a roadmap, pellet production is expected to rise from the current 24 million tonnes to 48 million tonnes by 2018 and 85 million tonnes by 2025.
-The 18th China(Guangzhou ) Int’l Casting
product Exhibition
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