News List
Implementation of Mechanized Waste Accumulation Project in Foolad Sangaan
Morteza Sharifi, Project Manager of Sangan steel, announced the implementation of a mechanized waste accumulation project for the first time in the Middle East. This project aims to reduce water consumption, optimize waste management and reduce environmental risks, and its annual capacity is announced to be 7.5 million tons.(according to Foolad24) According to Sharifi,…
“People share in the growth of production and industry through pellet deposit certificates”
Seyed Javad Jahromi, Managing Director of Iran Mercantile Exchange, during a visit, became familiar with the production capacities and development process of Sanabad Industrial and Mining Company (SIMIDCO).(According to chilan) He noted: pellet deposit certificate transactions will soon be launched on the commodity exchange and added: Considering the favorable production capacity and inventory of…
Isfahan holds first investment expo to attract domestic, foreign capital
The first Isfahan International Investment Expo (ISINEX 2025) opened on Wednesday in the central Iranian city to attract domestic and foreign investment. (Quoted by Tehran Times) The two-day event opened with remarks by Amir Keshani, president of the Isfahan Chamber of Commerce, Industries, Mines and Agriculture, who said the province faced a choice between…
Prices for iron ore rose in early September amid expectations of a recovery in demand
Spot offers exceeded $104/t amid the lifting of restrictions in China, although high inventories and oversupply are weighing on the market. In early September 2025, the iron ore market showed moderate growth after an unstable end to August. Despite significant fluctuations during the first seven days of the month, the overall trend was positive:…
China Steel Summit for the 2026 Market
The China Steel Industry Summit for 2026 Market is set to take place in the vibrant city of Nanjing, China, from October 30th to November 1st, 2025. This prestigious event is expected to draw a diverse audience of around 1,000 participants, including government officials, industry associations, more than 150 steel mills, mines, traders, renowned…
Iran’s industry minister visits Kabul to discuss trade barriers, joint projects
A high-ranking Iranian economic delegation led by Industry, Mining and Trade Minister Seyed Mohammad Atabak arrived in Kabul on Monday for talks on boosting trade and investment with Afghanistan. (quoted by IRNA) Afghan Ministry of Industry and Commerce spokesman Abdul Salam Jawad Akhundzada said the visit aims to identify obstacles hindering bilateral trade and…
Hydrogen-Based Green Steel Production Line in China/Launched
A Chinese company announced launching a “hydrogen-based green steel production unit” According to Chilan, quoting GMK Center, Kallanish reported on Anshan Iron and Steel Group’s initiative in China to launch a pilot production line for green iron based on renewable energy and green hydrogen. The Chinese state-owned metallurgical company has completed the implementation of…
Launching the Sulfur Removal Unit for the Direct Reduction Unit at the Ghaenat steel complex
In line with improving the productivity, increasing production performance, and enhancing the environmental conditions of the complex, the sulfur removal’s launching unit has reduced the sulfur content in the feed gas in this complex to a level of 3 ppm. According to the public relations of the National Iranian Steel Company, quoting the public…
Vale cuts 2025 investment plan to as low as $5.4bn
Vale announced on Wednesday (10) that it plans to invest less in 2025 than initially projected. The mining giant expects to spend between $5.4 billion and $5.7 billion this year, 8.47% and 3.38% below its original estimate of $5.9 billion. The company attributed the cut to greater capital efficiency. Following the announcement, Vale’s chief…
Iran Industry, Mine and trade minister to visit Afghanistan for mining talks
Seyed Mohammad Atabak will visit Afghanistan to explore mining and infrastructure capacities, following requests from Afghan officials to expand cooperation. Iran’s Minister of Industry, Mine, and Trade, Seyed Mohammad Atabak, will travel to Afghanistan to inspect the country’s mining and infrastructure capacities in exploration and extraction, responding to Afghan officials’ requests during previous joint…
