9,078.43 TRY BIST 100 BIST 100
38.44 USD USD USD
5.32 CNY CNY CNY
43.71 EUR EUR EUR
0.12 CNY CNY/EUR CNY/EUR
46.98 TRY Interest Interest
62.41 USD Fossil Oil Fossil Oil
40.43 USD Silver Silver
4.69 USD Copper Copper
99.25 USD Iron Ore Iron Ore
325.00 USD Shipbreaking Scrap Shipbreaking Scrap
4,035.64 TRY Gold (gr) Gold (gr)

Iranian Aras Steel establishes a new factory in Armenia

We visited Iranian manufacturer Aras Steel Holding at Metal Expo 2022 Istanbul, of which we are media partners. While describing its new investments, the company also referred to the Iranian billet.

Iranian Aras Steel establishes a new factory in Armenia

Aras Steel Holding, which was established as a result of decades of experience and engineering activities in the steel industry of its founders, explained that today they are a solution partner for a large part of the production and distribution chain in the steel industry along with 'five companies'. The companies they operate in are as follows;

1. Azarabadgan Aras Steel Complex
2. Faravar Foolad Azarpoolad Aras
3. Padideh Foolad Aras Technical Engineering Company
4. Samin Rastak Persian Gulf Steel
5. Tak Transportation Company

Rahim Goudarzı,Marketing Communications Coordinator said, “Billet production in Iran continues at full speed. Even the freight included prices are lower than in Turkey. Therefore, the frequency of preference is increasing. We attach great importance to the Turkish market," Sharing the good news that they have established a new factory in Armenia, Goudarzı said that they will give more details in a short time.

Comments

No comment yet.

Only +plus subscribers can access this content.

SUBSCRIBE now to share your thoughts on the markets and get more comments.
SUBSCRIBE If you already have an account Sign In

Most read news

İDÇ doubled its production capacity in cooperation with SMS Group

Friday, May 2, 2025

Kardemir announced billet and wire rod prices

Wednesday, April 30, 2025

Global billet market under downward pressure

Monday, April 28, 2025

Uncertainty in Russian billet market

Monday, April 14, 2025

Türkiye's billet imports increased by 9.9% in February

Thursday, April 10, 2025
Follow List
Expand
Your watch list is empty

Add your favorite commodities for quick access and don't miss the latest price change news.


There are no news categories you follow
Edit Notification Preferences
E-bulletin subscription
Sign up to receive the latest news and daily iron prices by e-mail and sms
Become a Plus Subscriber Now!
Try it free for 3 days!
Subscribe Now
Neutral Prices
Be informed
Provincial Iron Prices
Comments and Analysis
Subscribe Now