The direct recovery unit of Ghaenat Steel Complex with an annual production capacity of 800,000 tons of sponge iron was officially opened and put into operation in the presence of the President.
In continuation of the plans of the second provincial visit of the Popular Administration to South Khorasan province, Ayatollah Dr Seyyed Ebrahim Raisi inaugurated the direct recovery unit of the Ghaenat Steel Complex with an annual production capacity of 800,000 tons.
With the operation of this unit, which is considered the first heavy industry unit in the east of the country, 400 direct job opportunities and 2,500 indirect job opportunities will be created.
100 million euros have been spent to set up the direct recovery unit of Ghaenat Steel Complex, and considering that in order to strengthen Iranian technical and engineering knowledge and deal with sanctions, 45 domestic companies were responsible for the design and production of the parts needed for this complex, in the construction of this unit, more than 2 million and 353 thousand euros have been saved.