MCC Group

“Chairman of the Iranian Mines and Mining Industries Development and Renovation Organization (IMIDRO) Mehdi Karbasian met with senior directors of Chinese companies MCC Group, China Public Insurance Company (Sinosure) and MCC – CERI which are involved in seven provincial steel projects in Iran.” (IRNA, "IMIDRO, China agree to accelerate provincial steel projects," 12/16/2014) (http://www.irna.ir/en/News/81428271/)

MCC was listed as a participant in the Iranian Iron and Steel Conference that took place on September 14, 2015 in Tehran, which claimed to provide “the ideal opportunity to discuss how the re-emergence of this major iron and steel player could affect you and your business.” (Metal Bulletin, “Iranian Iron and Steel Conference”). (http://www.metalbulletin.com/events/details/7962/iranian-iron-and-steel-conference/details.html)

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"Chairman of the Executive Board of Iranian Mines & Mining Industries Development & Renovation (IMIDRO) Mahdi Karbasian has said that China Metallurgical Group Corporation (MCC) has sent three resident representatives to Iran in order to follow the implementation of seven steel projects in the country. He said that during a recent trip by an Iranian delegation to China aimed at opening the LCs (Letters of Credit) for seven steel projects, the ground was laid for precipitating in the projects. He added that Iran is trying to make MCC carry out the funding measures in a way that the all projects would be complete in 36 months, Eranico reported on April 21.'Nonetheless, things have so far been arranged so that some of the projects will be finished in 24 months,' he maintained." (Trend, "3 Chinese representatives in Iran to pursue steel projects," 4/21/15) (http://en.trend.az/iran/business/2386604.html)