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Asia Inc looks to post-sanctions Iran for demand spurt

2015-07-15 14:23:52| Steel - Topix.net

From steelmakers to construction firms, industrial companies in Asia hope an end to sanctions in Iran can provide a new source of sorely-needed demand. South Korean steelmaker POSCO has been in touch with Iranian firms seeking to do business with it once sanctions are lifted, and Indian industrial conglomerate Larsen & Toubro is eyeing opportunities in oil and gas extraction projects following Tuesday's nuclear deal.

Tags: asia demand iran spurt

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