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China - main destination for products of Iran's Hormozgan Steel Company

Business Materials 14 December 2021 12:12 (UTC +04:00)

TEHRAN, Iran, Dec. 13

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Hormozgan Steel Company is selling its products both on domestic and foreign markets, Hamed Jamshidinia, Director of Hormozgan Steel Company (HOSCO) told Trend.

“On average, 60 percent of the company's goods are sold domestically, while 40 percent is exported," he said.

Referring to the proximity of the Persian Gulf, he said that HOSCO has got a valuable opportunity and great location for export.

Hormozgan Steel Company is able to export its products at the lowest cost, and its main export destination is China, said Jamshidinia.

Hormozgan Steel Company (HOSCO) is located in the vicinity of the Persian Gulf coast on a 95 hectares plot, west of Bandar Abbas within the boundaries of PGSEZ (Persian Gulf Special Economic Zone).

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