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On May 27, a rolling mill with an annual capacity of 120,000 mt was officially commissioned at Kerman Steel and Rolling Complex by Aliakbar Mehrabian, Iran's minister of industries and mines. Built with an investment of about $30 million, the rolling mill can produce rebar in 12-32 mm sizes.
 
On the same day, Kerman Steel also held a formal ceremony to mark the start of construction of a melt shop which will have an annual capacity of 150,000 mt, with Mr. Mehrabian officially breaking ground for the new project.