Proud To Produce World Cass Steel

Expansion Plans

The third phase of expansion of the company is based on moving upstream the steel production chain with aim to become the first “ore to product” steelmaker in Iran and the Middle East. Based on this strategy YRM in 2008 started its investment drive in a number of acquired iron ore concessions around the country starting with a sizeable exploration, core drilling and small scale extraction activity. Following the encouraging results of those studies there are now plans underway for production of 1.5 million tons/yr of Iron ore concentrate and DR grade pellets in the first phase of production. The next phase of expansion will include setting up a direct reduction iron plant in order to complete the full production chain using captive iron ore to the final product.