On the occasion of the visit to Italy of President Hassan Rohani, the first made to Europe by the Iranian leader since the ending of many of the sanctions imposed on Tehran, the Danieli Group signed agreements worth some €5.7 billion. The agreements signed in Rome by the Chairman and CEO of the Danieli Group, Gianpietro Benedetti, refer to a joint venture and orders for the supply of machinery and plants to be installed in the territory of Iran.

The joint venture, Persian Metallics, with an estimated worth of €2 billion will involve a group of international, as well as Iranian, investors. It will use Iranian iron ore and energy to produce about 6 Mt/y of pellets intended for feeding direct reduction plants. The company says the “product is an excellent raw material to produce steel through melting by electric arc furnace, which is the most environmentally friendly and often more competitive way to make steel today.”

Other agreements relating to the supply of machines and plants to produce steel and aluminium will be signed with several Iranian companies for a value of around €3.7 billion.

The plant-making division of the Danieli Group based in Buttrio comprises various product lines, Danieli says, “in the design, construction and start-up of plants for the production of steel and non-ferrous metals, from the treatment of ore and scrap to the melting, casting, rolling and finishing of a wide variety of finished, flat, long, forged and tubular products.”

The picture shows, from left: A.Conzatti (Danieli Iran Branch Manager), P.Graffi (Danieli Vice President Key Account Management), G.Mareschi Danieli (Danieli Member of the Board of Directors), G.Benedetti (Danieli Chairman and CEO), M.Karbasian (Iranian Deputy Minister Mine and Metals), B.Sobhani (CEO of Mobarakeh Steel), Mr Aghajanlou (CEO IMIDRO aluminium and mines), and Mr Younesian (IMIDRO financing and contracting Director)