The contract was signed between Managing Director of Mobarakeh Steel Company Bahram Sobhani and Chairman and CEO of Marcegaglia Antonio Marcegaglia.
Speaking on the sidelines of signing agreement between the two companies, Sobhani said that Marcegaglia is the biggest steel distributor in Europe.
Sobhani added that as a result of this agreement around 900,000 tons of Mobarakeh's products worth over 400 million euros will be sold to Marcegaglia.
He said that Marcegaglia's quota in buying Mobarakeh Steel Company's products was previously about 60,000 tons per month.
Referring to Mobarakeh Company's aim to export 2m tons products in the current year, he added that according to programs the amount of exports was supposed to be 1.5m tons last year but it was 1.8m tons which was 20% more.
He expressed hope for two-million-exports aim to be realized in post-sanction era.
Italian Prime Minister Matteo Renzi, heading a 250-member political and economic delegation, arrived in Tehran on April 12.
Mobarakeh Steel Company (MSC) is an Iranian steel company, located 65 km south west of Isfahan, near the city of Mobarakeh, Isfahan Province, Iran. It is the largest steel maker of MENA (Middle East & Northern Africa) region, and one of the largest industrial complexes operating in Iran.
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Isfahan, April 19, IRNA- Coinciding with Italian Prime minister visit to Tehran, Mobarakeh Steel Company and Italian Company Marcegaglia signed a contract to boost selling Mobarakeh's products to Marcegalia.
