Tag Archives | Mobarakeh

German Firm “Facing Challenges” Financing Iran Venture

By John Lee. Reuters reports that German steel plant maker SMS Group “faces challenges in raising financing” for its $400-million contract to expand production at Iran’s  Mobarakeh Steel Company. Board member Dieter Rosenthal told the news agency that the privately-held firm, which builds steel, aluminium and copper plants, signed the contract in February to add […]