Situated in Khuzestan province, the first sponge iron production plant in the world based on the innovative method of Persian engineers called PERED has successfully completed the experimental and production capacity tests and is ready for official use operation.
This unit marks the first direct reduction plant in the country equipped with the so-called PERED indigenized iron ore direct reduction method developed by Iranian engineers. As of last month, the plant has gradually increased its output to 70 tons per hour and practically come on stream.
That plant is located in Iran’s southwest, close to Iraq, and will be able to meet some of Iraq’s future crude steel demand.
The new projects will add a combined 4.8 million tons/year of sponge iron capacity to Iran’s current nominal capacity of 17.3 million tons/year by December.
The module uses a domestic Iranian DR technology called PERED or Persian Reduction, invented and patented by MME Co., an Iranian engineering company registered in Germany.
This is the first DRI module to use the technology. Three of the projects under construction will also use PERED technology.
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