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10 Sep
13:03

Alternative iron ore supply raises Khorasan Steel costs

Khorasan Steel has been forced to procure iron ore feedstock from alternative sources, thereby increasing production cost, after its appointed miner failed to supply the tonnage required. So says Khorasan Steel chief executive Kasra Ghafouri in an interview with the Iranian Steel Producers’ Association (ISPA)’s online Chilan portal. Of the 1.5 million tonnes of iron ore concentrate allocated to Khorasan Steel from the Sangan region according to th…
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