China MCC secures EUR 1.8 billion funding for Iranian steel projects.

The China Metallurgical Group Corporation has secured EUR 1.8 billion funding for implementing seven steel projects in Iran, the Mehr News Agency quoted Head of the Iranian Mines and Mining Industries Development and Renovation, IMIDRO, Mehdi Karbasian, as saying on December 6.

He said that the Chinese company is ready to finance seven Iranian steel projects.

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