News List
Three key measures of Mobarakeh Steel company for the steel industry sustainability
Gholamreza Salimi, Operation Deputy of Mobarakeh Steel company declared: in order to achieve the sustainability of production in Iran’s steel industry the following elements must be considered: 1- Self-sufficiency in energy and raw materials: Investment in dedicated power plants and sustainable supply of raw materials to reduce market risks and resource limitations. …
New product of Azarbaijan Steel Company
According to the Public Relations of the National Iranian Steel Company, quoting the Public Relations of Azerbaijan Steel Company, Azimi, Managing Director of Azerbaijan Steel, in an interview with reporters, stated: In accordance with the company’s plan to diversify the products and with the efforts of colleagues, the necessary technical measures have been made…
Head of the The Iranian Steel producers Association’s presentation to the President at the Exhibition of Capabilities of the Industry and Mining Sector
The President, accompanied by Engineer Atabak, Minister of Industry, mine &trade and Dr. Agha Mohammadi, Head of the Economic Group of the Office of the Supreme Leader, visited the exhibition of the capabilities of the industry and mining sector in achieving 8% growth and was closely informed about the concerns and demands of manufacturers.…
Rio Tinto expects ore production to grow by 15 million tons in 2023-2025
Rio Tinto expects iron ore production to grow by 15 million tons in 2023-2025, CEO Jacob Stauscholm said during an investment seminar in London. In particular, in 2024 and 2025, the company forecasts an annual increase of 5 million tons, Australia Mining reports. A key area for Rio Tinto is the Simandou project in…
Iran exports crude steel, steel products worth $3.6b in 7 months
Iran exported crude steel and steel products worth $3.643 billion in the first seven months of the current Iranian calendar year (March 20-October 21), the Iranian Steel Producers Association (ISPA) reported. As reported, the figure shows 14 percent drop from $4.255 billion in the same period of time in the past year. The weight…
The “6th National Iranian Steel Festival and Exhibition” will be held from January 8 to 10 in Milad Tower
According to Imidro’s public relations, this festival and exhibition will be held by the Iranian Steel Producers Association and Imidro with the participation of large iron and steel chain companies. Imidro invites all domestic manufacturers, localized builders, and knowledge-based companies active in the country’s iron and steel chain to participate in this festival to…
Germany Recession Risk Rises After Industrial Production Slump
German industrial production fell in October, kicking off the final quarter with an unexpected decline and dashing hopes that the key sector for Europe’s largest economy may slowly be overcoming its malaise. Output decreased 1% from the previous month, worse than any forecast in a Bloomberg survey, which anticipated a 1% increase. The decline…
Record breaking in Azerbaijan steel company
According to the Public Relations of the National Iranian Steel Company, quoting the Public Relations of the Azerbaijan Steel Company, Managing director of Azerbaijan Steel Company announced the company’s record breaking for the production of rebar” size 10 “in a single shift. Mikaeel Azimi declared: “The colleagues of this company registered a new…
Coking coal prices remained stable in November
Economic stimulus in China did not significantly affect demand November 2024 was a month of stability for the global coking coal market with little price fluctuation. In Australia (FOB Australia), premium coking coal held the level of $203/t. Meanwhile, on the Chinese CFR China market, prices fell by 0.5% to $214/t by the end…
Iran’s economy grows by 4% in H1 fiscal year
Iran’s Gross Domestic Product (GDP) grew by 4% in the first six months of Iran’s current calendar year (March 20 – September 21), with non-oil GDP rising by 2.6% compared to the same period last year, according to a report by the Statistical Center of Iran (SCI). The SCI report, which was released on…