The plan was announced in a press release from the Iranian Steel Producers Association (ISPA) on July 19.
Construction of the Ardakan Novin graphite electrodes plant, in Yazd province in central Iran, started in 2001 but had been interrupted and postponed several times due to political and economic issues in the country.
The project is now almost complete and will help to reduce the commercial pressure on Iranian steelmakers. These mainly operate electric-arc furnaces (EAFs) and depend heavily on imported electrodes, so they will benefit from a domestic supply while the country is subject to international trading sanctions imposed by the United States, as well as from the expected reduction in production costs.
The plant will have capacity for 30,000 tonnes per year, which could be expanded to as much as 45,000 tpy. Imidro is seeking early completion of...