News List
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…
First-Ever Production of ATOS60-Grade Steel Sheet in Iran
Saba Company Adds High-Strength Automotive Steel to Its Product Portfolio in Line with MSC Group’s Value-Added Strategy, according to mehr news agency, The pursuit of high value-added products has become a strategic priority at Saba Steel and Rolling Mill Company in recent years. In alignment with Mobarakeh Steel Company Group’s objectives—particularly enhancing customer satisfaction…
Iron ore price stays above $100/ton amid Sino-US trade talks
Iron ore futures prices held well over the key psychological level of $100 a metric ton on Tuesday, while investors closely monitored the renewed Sino-US trade talks for signs of progress. The benchmark September iron ore on the Singapore Exchange climbed 1.9% to $102.7 a ton, as of 0700 GMT. The most-traded September iron…
Unveiling the” Financial performance monitoring and improvement platform “of large mine and mining industry companies
Financial performance monitoring and improvement platform of large mine and mining industry companies present on the stock market was unveiled with the presence of Aghajanlou. According to IMIDRO’s public relations, Mohammad Aghajanlou in a meeting attended by deputies and managers of IMIDRO stated: “The goal of implementing and unveiling this system is to improve…
Uzbekistan: China discusses creation of metallurgical industrial park in Tashkent region
Deputy Minister of Investments, Industry and Trade of Uzbekistan Ilzat Kasimov held talks with Song Lipin, General Director of the Chinese company Limaomaoli Metal Company. The discussions focused on the current status of the joint iron ore mining project and the prospects for expanding investment cooperation. The Chinese side expressed interest in establishing a…
IMF doubles Iran’s 2025 growth forecast despite 12-day war
According Tehran Times the International Monetary Fund (IMF) has doubled its forecast for Iran’s economic growth in 2025 to 0.6 percent, up from 0.3 percent in its previous report, despite the economic and geopolitical fallout from a 12-day war between Iran and Israel earlier this year. According to the latest IMF report, Iran’s economy…
Global trade in coking coal declined by 6% year-on-year in January-June
Global trade in coking coal in the first half of 2025 decreased by 6% year-on-year – to 172.4 million tons, according to preliminary data collected by BigMint. These figures were driven by a number of factors, such as a decline in steel production, increased supply in domestic markets, and changes in trade flows. In…
