Sunday, 12 Jun 2011
It is reported that Chinese steelmaker Nanjing Iron and Steel Co has stated that it has lately sold 7,000 tonnes of steel plate for application in marine environments to Iran.
Despite low demand in international markets since late March, steel demand in Iran has been comparatively higher due to oil projects in the country.
In this context, Nanjing Steel has sold the consignment of steel plate in question to Iranian company Pars Oil and Gas Company a subsidiary of state-run National Iranian Oil Company.
(Sourced from SteelOrbis)
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