Khouzestan Steel, Iran's largest exporter of semi-finished steel products, intends to integrate its production and is negotiating to buy local plate producer Oxin Steel, a company source told Metal Bulletin on Tuesday April 16.
Oxin Steel is located in the southern province of Khuzestan and is Iran's biggest producer of heavy plates, with capacity for 1 million tonnes per year. It also has a direct-reduction iron (DRI) plant and a slab mill, each also with capacity for 1 million tpy.But in recent years Oxin...