Bafgh Steel Co. (BMISCO)

Bafgh Steel Co. at a glance: Bafgh Mineral Complex Iron & Steel Company (BMISCO) is one of the largest projects in Iran which was privatized in 2011 and established with the means to prevent the direct sales of raw materials. Among the major advantages of this project is its vicinity to iron ore mines in central Iran and Choghart which is dubbed as the mining paradise of Iran. Additionally, Bafghs geographical location in the center of the country allows it to have easy access to all regions via its proximity to transit roads and railway networks in Iran. BMISCOs overall aim is the completion of its steel supply chain as well as having an effective presence in steel industry. The initial phase of this project will encompass the creation of five factories: Pelletizing plant with a production capacity of 5 million tons per year. Direct reduction plant with a production capacity of 1 million tons per year. Smelting plant with a production capacity of 1 million tons ...