Iran to sell $480 million of bonds to raise money for construction of eight mini-mills

Thursday, 27 January 2011 17:27:58 (GMT+3)   |  
       

Iran will sell Iranian Rials 5 trillion Rials ($480million) worth of bonds in the next few weeks in order to raise funds( Feb. 2011 ) for the construction of eight provincial mini-mills, stated said Hasan Pelarak, headcheif of Imidro recently .

The eight provincial mini-mills -- each with planned annual capacities ofof 800,000 mttpy capacity -are- have  located in the cities of Miyaneh, Bafgh, Baft, Sabzevar, Sepid Dasht, Shadegan, Nayriz and Ghaenat.
 


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