News List
Iran’s Seventeen Jewels / The Potential Value of Iran’s Rare Earth Elements Reserves
🔹The market for rare earth elements has become one of the main fields of global geopolitical and industrial competition in recent years. The decisive role of these elements in advanced industries on the one hand, and the concentration of production and technology in a few limited countries, on the other hand, made their sustainable…
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…
Japan starts anti-dumping probe into Chinese and South Korean steel goods
Japan will begin an anti-dumping probe into some Chinese and South Korean steel goods, the latest effort by the nation to protect local producers against a wave of imports of the alloy. The investigation, which is expected to be complete within a year, will probe flows of hot-dipped galvanized coil, sheet and strip, the…
Inking of a tripartite memorandum of understanding (MOU)between the Ministry of Industry,Mine and Trade, Imidro and the Bank of Industry and Mine
In line with providing the financial resources needed to complete semi-finished industrial and mining projects and to increase the productivity of production units, a tripartite memorandum of understanding was signed between the Ministry of Industry, Mines and Trade, IMIDRO and the Bank of Industry and Mine. According to IMIDRO’s public relations this MOU was…
North African steelmaker joins the global green steel movement / Lisco partners with Germans
A major North African steelmaker has partnered with German companies aiming to produce green steel. According to Chilan, quoting Steel Orbis, LISCO, the Libyan Iron and Steel Company, as one of the largest steelmakers in North Africa, inked two contracts with German companies. The first company, SMS Group, specializes in the construction of factories,…
The meeting of First Vice President and the Minister of Industry, Mine and Trade with the President of Kyrgyzstan
The First Vice President, while emphasizing the importance of increasing the volume of trade exchanges in line with the will of the political leaders of Iran and Kyrgyzstan, stated: the Islamic Republic of Iran is interested in developing relations with Kyrgyzstan and considering the existing capacities and areas between the two countries. According to…
Brazil exported a record 41.1 million tons of iron ore in July
Revenues from these exports fell by 8.8% y/y due to lower prices Brazil exported 41.1 million tons of iron ore in July this year (+4.7% y/y), breaking the previous record of 39.5 million tons set in December 2015. This was reported by Reuters with reference to official data. At the same time, revenues from…
Iran taps knowledge-based firms to boost clean energy production
Iran is turning to knowledge-based companies to help tackle its growing energy imbalance by promoting clean power generation, according to the head of the Industrial Development and Renovation Organization of Iran (IDRO), according to Tehran times. Speaking at a contract signing ceremony between a high-tech Iranian firm and an industrial manufacturer, Farshad Moqimi, Chairman…
despite the decline of the ruble and the recession in the Chinese market, Russian billet,s prices increased
Despite the decrease in the value of the ruble and the fall in demand in the Chinese market, Russian producers have raised the prices of their export billets. Russian billet for delivery in September is offered at a price of 455 to 470 dollars per ton FOB Black Sea. In the Turkish market, the…
Hormozgan steel’s Industrial waste recycling , a big step towards the realization of “circular economy and environmental protection”
With the efforts of Hormozgan Steel Co and the cooperation of the Technical Council of the Management and Planning Organization of Hormozgan Province, the “Specialized Workshop on the Use of Slag in Civil and Urban Infrastructure” was held. According to Mine News, Shahin Zare, Director of Metallurgy, Design and Product Development of Hormozgan Steel…
