News List
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…
EMSTEEL and Danieli Launch First Electric Process Gas Heater Pilot for Sustainable Steelmaking
EMSTEEL Group, a major player in steel and building materials manufacturing in the region, has collaborated with Danieli, a global technology leader. They aim to introduce the first Electric Process Gas Heater (ePGH) pilot for the steel industry. This initiative is not only groundbreaking for the sector but also offers a scalable model for…
Steel exports from the EU fell by 12% y/y in Q2
Steel exports from the European Union fell sharply in Q2 2025. According to the EUROFER Economic and Steel Market Outlook Q3 report, shipments to third countries decreased by 12% y/y, following a slight increase of 1% in the previous quarter. The decline occurred in both the flat and long products segments, indicating a general…
Ten Solutions and strategies for Good Governance in the Mining Sector
Equipment and Machinery modernization: The average age of mining machinery in the country has reached over 20 years. This obsolescence reduces productivity and increases operational costs. Therefore, the refurbishment and modernization of equipment should be the top priority. Establishing a Mining Modernization Fund:Having a “Mining Modernization Fund” with the banks and financial institutions…
China to cut steel production by at least 25 million tons
Chinese government agencies have unveiled a plan to stabilize the steel industry for 2025-2026, which involves reducing production and tightening control over companies in the industry. According to market estimates, steel output in 2025 will be less than 980 million tons, which is at least 25 million tons lower than in 2024 (1.005 billion…
Developing regional cooperation and forming mineral consortiums is a necessity
Ebrahim Mollabeigi while pointing to the existence of challenges in the international cooperation model with leading countries in the mining sector due to sanctions, stated: the development of regional cooperation and the formation of mining consortiums with neighboring countries in the field of exploration and processing of minerals is necessary.(According to IRNA) Regarding the…
Iran’s Mazandaran non-oil exports hit 24% growth in one year
The head of Industry, Mine and Trade Organization of Mazandaran province has said this province exported $368 million worth of non-oil goods in 2024, showing a 24% growth compared to a year earlier. (According to MNA) Soleiman Alijannejad stated that Mazandaran province exported more than 1.580 million tons of non-oil goods, valued at $368…
