TEHRAN (ecoideal)- Italy’s service center and trader company Eusider signed a long-term agency agreement with the biggest ferrosilicon producer in Iran.
The exclusive distribution agreement with Iran Ferroalloys Industries Company would give Eusider “the right space to market” Iranian ferroalloys, the Italian company said.
“Through the agreement, we will add value to our clients as we will be able to offer on regular basis different quality grade materials,” the company said.
Iran Ferroalloys Industries Company, based in Azna in Lorestan province, is the first and the biggest Iranian ferrosilicon producer founded in 1987. Ferrosilicon’s main application is in steel production.
According to its website, the company has three furnaces with an annual capacity to produce 60,000 million tonnes of 75% ferrosilicon.
Eusider’s announcement came just after Italy said it would sign a deal worth 1.2 billion euros next week to build a high-speed railway between the Iranian cities of Arak and Qom.
Source: Farsnews