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Kaveh Steel; On the Path to Self-Sufficiency
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The CEO of Kaveh Steel in South Kish announced a significant increase in the progress rate of the one million ton sponge iron project using the Midrex method (Direct Recovery Module III) and announced that with a strategic review of scheduling, financing, and implementation, this key project has achieved 70 percent physical progress by this summer and the Schedule Performance Index (SPI) has improved to 0.8; a trend that promises on-time operati…
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