Perzin’s strong start in Iran Commodity Exchange

E. Janghorbanian, CEO of Pardis Zarrin Iranian Company, announced the supply of more than 100,000 tons of steel products worth over one thousand six hundred billion rials in the second half of 1999.

The company has been operating in the Iranian steel market since September 1999 and is trying to gain a significant share of this market. According to the CEO of the company, the year 1399 was a year of ups and downs for the country’s steel market, and steel products were subject to sharp price fluctuations and iron-dependent industries were also affected. Meanwhile, the sharp rise in currency prices and repeated changes to government regulations on the steel market last year also had a significant impact on the market.

According to Janghorban’s forecast, in 1400, Iran’s steel production capacity will exceed 40 million tons, as a result of which the upstream and downstream chains, including sponge iron, pellets and concentrates, will move and new capacities will be put into orbit. Also, with the hopes that have been created to lift the oppressive sanctions against our country, the steel industry will be able to grow further, and Perzin Company is trying to increase its share in this market and create new markets by making more efforts to export steel products.


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