News List
Inking a” MOU” for the Completion of the First Coal Power Plant in the Country in Tabas / Aghajanlou: This project is a prelude to the thermal coal’s use development
The memorandum of understanding for the completion of the country’s first coal power plant project inked in the presence of the First Deputy Speaker of the Islamic Consultative Assembly, the Minister of Energy and the Deputies of Minister of Industry, Mine and Trade. According to Imidro’s Public Relations, at the inking ceremony of the…
China iron ore imports hold up
Iron ore remains a standout performer among major commodities this year as it holds above $100 a metric ton despite mounting signs that the steel sector in top importer China is softening. The most-traded iron ore contract on the Singapore Exchange ended at $101.71 a ton on Wednesday, down from $102.74 at the prior…
Message from Managing Director of National Iranian Steel Company on the occasion of Journalist Day
The Managing Director of National Iranian Steel Company, congratulated all activists and hard workers in the field of media and news on the occasion of Journalist Day. According to the public relations of National Iranian Steel Company, Hassan Younesian emphasized the bravery of journalists in the field of informing and honored the memory of…
Water and energy consumption in Iran’s steel industry/ Four facts
. 1. The total amount of water consumption in the country’s steel industry is only 154 million cubic meters per year, which accounts less than 0.15 percent of the country’s total water consumption. 2. Amid the peak period of electricity consumption, while the grid load reaches about 80,000 megawatts, the consumption of…
Engine of Development and Guarantor of Economic Stability in the Country/ Mining
Forecasts show an annual growth of about 5% for metal mines by 2034, Iran, as the “Mineral Paradise of West Asia,” faces the major challenge of energy imbalance. The main question is how can the country benefit from this great opportunity and what share it can claim from the global value chain of the…
JSW and JFE to invest $669 million in expanding electrical steel production in India
The partners plan to increase the capacity of two plants to meet growing demand for electrical steel India’s JSW Steel and Japan’s JFE Steel are investing 58.45 billion rupees (approximately $669 million) in expanding the production of cold-rolled electrical steel at two plants in India. This type of steel is widely used in the…
Minister of Industry, Mine and Trade: free trade agreement between Iran and Pakistan will be inked
According to IRNA,Mohammad Atabak, on the sidelines of Dr. Pezeshkian’s visit to Pakistan stated: The free trade agreement between the two countries has reached the final stage and is scheduled to be inked in the presence of the heads of the two countries. He added: After years of bilateral lengthy negotiations, we were able…
Tariffs on steel trade between Turkey and Qatar reduced to zero / prospect of $5 billion trade between the two countries
The Turkish Ministry of Commerce announced that the trade tariffs on a number of goods, including steel products, between Turkey and Qatar have been zeroed. According to SteelOrbis and as reported by Chilan, the Trade and Economic Partnership Agreement between Turkey and Qatar, signed on November 26, 2018, will officially come into effect on…
Five Times increase in the production of geological maps with artificial intelligence in Iran (A.I)
More use of the capacities of the country’s expert and scientist body in the production of geological maps, Referring to the plans of this organization in the new management period, the Deputy of Geology of this organization said: “The main mission of the Geological Survey of Iran is to prepare geological maps of the…
Algoma Steel seeking $500M in federal support amid ongoing concern over U.S. tariffs
Algoma Steel says it is seeking a large loan from the federal government to ensure its survival in the face of huge tariffs being imposed by the United States. Algoma Steel Group Inc. is seeking $500 million in federal support as the company faces continued uncertainty from U.S. tariffs on Canadian steel. The Sault…
