News List
Explaining the iron ore grade shift
The global iron ore market is in the midst of a major pricing shift, moving away from the long-standing 62% Fe benchmark toward a new 61% Fe specification. The change, driven by a gradual decline in ore grades and higher impurity levels, is reshaping both the physical and financial sides of the industry and…
New Purchase Conditions for Steel Chain Mining Products/ Announced by Iran mercantile Exchange
The Iran Mercantile Exchange (IME), in a notification to brokerage firms, announced that buyers of iron ore, concentrate, and pellets will only be allowed to purchase if they have a valid operating license for producing the next product in the steel chain. According to this notification, iron ore buyers must have a concentrate production…
Spain’s steel production declined
According to data compiled by SteelRadar from the Spanish Steel Producers Association (UNESID), the country’s crude steel output fell by 6.8% month-on-month in June 2025 to 1.06 million mt. On a yearly basis, production remained unchanged. In the January–June period, Spain’s total steel production rose by 6.8% compared to 6.19 million mt in the…
Iran’s steel industry should receive the global green steel award
According to the Secretary of the Iranian Steel Producers Association, as more than 70% of the country’s steel production is done through sponge iron, Iran should receive the global green steel award, quoted by chilan. Seyed Rasoul Khalife Soltani, Secretary of the Iranian Steel Producers Association, stated: “Iran’s steel industry has an absolute technological…
India’s iron ore production is on the rise
India’s iron ore production is expected to reach around 315-316 million tonnes in the 2025-2026 fiscal year, up 9% from the previous fiscal year (289 million tonnes). This increase is due to the approval of launching new capacities for public and private companies in the country. According to Big Mint, The growth…
Iran’s iron and steel export volume up 13% in four months
The volume of Iran’s iron and steel export increased by 13% in the first four months of the current Iranian calendar year. The Iranian Steel Producers Association has announced that iron and steel exports increased by 13% in volume during the first four months of the current Iranian calendar year (starting on March 21)…
The board of directors of the Iranian Steel Producers Association’s meeting with the presence of a group of media
The head of the Iranian Steel Producers Association at the mentioned press conference stated: “Despite the prominent and vital role of the steel industry in solving the country’s economic challenges, the shortage of various types of energy is sometimes attributed to this industry without relying on accurate and documented statistics, a claim that is…
The comprehensive Mine and Mining Industries Event is being held at the Milad Tower International Conference Center.
The comprehensive Mine and Mining Industries event comprising three consecutive annual events– “The 15th Conference on the Outlook of Iran’s Steel and Iron Ore Industry with a Focus on the Market,” “The 7th Conference on the Outlook of Iran’s Non-Ferrous Metals Industries and Related Technologies with a Focus on Production and Market,” and “The…
The annual growth rate of world steel production/ zero
Due to the issued data by World Steel Association, the average annual growth rate of world steel production has reached zero. According to Chilan, the World Steel Association has published the following table showing the average annual growth rate of world steel production from 1950 to 2024. The data in the table…
China’s steel exports rise: will growth slow in the second half of the year?
China’s steel exports reached 58.1 million tons in the first half of 2025, marking a 9% increase compared to the same period last year. China’s steel exports reached 58.1 million tons in the first half of 2025, marking a 9% increase compared to the same period last year. Reports indicate that this rise in…
