The second phase of Baft steel reached the hot test

According to the report of Iran Economist, citing the public relations of the tourism finance group; The direct recovery unit No. 2 of the Regeneration Steel Steel Company of Baft, whose operational operation started on February 21, 2019, reached the hot test stage with the tireless and tireless efforts of the CEO and hardworking employees of the complex.With the launch of the second phase of Baft Steel Complex, whose executive operations are carried out by the Khatam Al-Anbiya headquarters, the production capacity of this complex, which was previously 800 thousand tons, will reach 1.6 million tons of sponge iron per year.

The second phase of Baft Steel was completed within 32 months, despite problems such as changes in laws, the epidemic of the corona virus, frequent power and gas outages, etc.
With the operation of the second phase of Baft steel complex, there will be a stable employment of more than 600 people directly and indirectly in the underutilized area of ​​Baft, and it will play a significant role in the balanced economic development of this area.According to this report, the first phase of Ihya Steel Foulad Baft Company, in 2018, with the participation of Mahan Industries and Mines Holding as a 60% shareholder, which is part of the tourism financial group, with the aim of industrial self-sufficiency and the production of strategic products such as sponge iron. it is arrived.The launch of the second phase of the development of Baft steel revival in line with the guidelines of Mehdi Jahangiri, the head of the Tourism Finance Group, is one of several projects that have been completed in 1402 following the promise of the prosperity of this group’s projects this year.