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IRPPCO's magnesia plant at
South Khorasan |
The spectacular growth of Iran’s steel industry is likely to provide a beacon for refractory mineral suppliers to the country, and in particular dead burned magnesia (DBM) imports, owing to the country’s limited domestic sources of magnesite.
Alireza Bagheri, managing director of the country’s sole magnesia producer, Iranian Refractories Procurement and Production Co., told IM: “Because of Iran’s expansion programme in steel production, from the existing 12m. tpa to 35m. tpa in 2016, the refractory market will have dramatic growth which will cause increasing demand for DBM.”
According to World Steel Association data, Iran produced 11.9m. tonnes of crude steel in 2010. Iran’s estimated crude steel production in March 2011 was 1.170m. tonnes, up 25.2% from that of March 2010....