News
Hormozgan Steel plant commissioning delayed by 2 months - 11 Mar, 2010
Iranian steelmaker Hormozgan Steel is to start commissioning of its new slab producing plant 2 months later than planned.

Delays in shipment and in installation of equipment have been cited as reasons for the postponement. Construction is already over 92% completed while to date about 70% of the equipment has been installed.

The new Hormozgan Steel plant will have an annual capacity of 1.5 million tonne of slab. It is located close to Bandar Abbas, one of Iran's main ports on the Persian Gulf.

(Sourced from Steel Orbis)



Today's News
Main News
0blt1 GC steel HDG price up in Delhi on February 2
0blt1 Traders suspend steel shipments from Russia to Iran
International News
0blt1 Only few spots left for Steel Scrap Summit on February 9 in Gurgaon
0blt1 Chinese domestic steel beam price remains flat on February 02
0blt1 Declining billet levels make European buyers circumspect
0blt1 Northern European Plate mills idle with cheap imports


Round_corner2
Price Index - MEA
  Jan-19 Jan-12
MLPPI 5065 5065 Same
MFPPI 5994 5994 Same
MEASPI 5346 5346 Same
Currency Rates
03 Feb, 2012
USD 1.0000
AUD 0.9350
BRL 1.7197
CAD 0.9992
CNY 6.3063
EUR 0.7606
GBP 0.6320
INR 48.9864
JPY 76.1995
RUB 30.2110
ZAR 7.6560
Source: http://www.xe.com
Ads_spchina
Ads_spindia
Ads_speur