Iran’s Esfahan Steel Intends to Put its Sponge Iron Plant on Lease for 5 Years

Esfahan Steel Company intends to lease its sponge iron unit with a capacity of 200,000 MT pa through a public auction in the form of a 5-year lease.

Esfahan Steel Company (ESCO) ranked third with 1.15 MT of steel exports during the last Iranian year, up 28% compared with last year’s corresponding period.