CEO of Opal Parsian Sangan:
Purchase of Opal shares; A key decision for the sustainable supply of Mobarakeh steel raw materials
Me-Metals : CEO of Opal Parsian Sangan regarding the purchase of the shares of Kimia Mining Industries (Opal) by Mobarakeh Steel stated that this decision is a strategic and smart step towards the sustainable supply of raw materials for Mobarakeh Steel. He added that considering the challenges of supplying pellets and concentrates in the steel industry, the purchase of Opal shares can help solve these problems and stabilize stable production in Mobarakeh Steel.
According to Me-Metals, Reza Talebi, CEO of Opal Parsian Sangan Company, regarding the purchase of the shares of Kimia Mining Industries (Opal) by Foulad Mobarakeh, stated that this decision is a strategic and smart step towards the sustainable supply of raw materials for Foolad Mobarakeh. He added that considering the challenges of supplying pellets and concentrates in the steel industry, the purchase of Opal shares can help solve these problems and stabilize stable production in Mobarakeh Steel.
He continued: This purchase will not only help Mobarakeh Steel in providing raw materials, but by strengthening the supply chain and utilizing internal capacities, it will be able to cover production needs in all departments of Mobarakeh Steel Group. According to him, this action will improve the quality of products and increase productivity in the steel complexes of this group.
Talebi also emphasized the importance of such decisions in line with the development of the country's steel industry and said that by purchasing Opal, Mobarakeh Steel not only solved the problems of supplying raw materials, but also sought to strengthen the resilience and sustainability of production against future challenges. He considered this action as an example of strategic and long-term investments in the steel industry, which can be a model for other industries in the country.
In the end, he pointed out that the purchase of Opal shares is aimed at strengthening the position of Mobarakeh Steel and its affiliated companies in the country's steel market, and this investment can have positive effects on the development of mines and mining industries in the country.
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