News List

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…

 The process of employing manpower for the steelmaking unit of the Miyane Steel Complex began by MMT as the operator and initiator of the project.

Quoting the Public Relations of Miyaneh Steel Complex, Abdi, caretaker of this complex, stated: Currently, job creation is considered  as the most important social responsibility of this complex, and added:   planning and coordination done with MMTE Company for holding an exam to employ 610 people by that company as an operating contractor and…

Providing facilities to improve Iran’s share in the export of engineering services exports

The Director General of Knowledge-Based and Technical Engineering Services office of the Trade Development Organization of Iran, pointing out that our share in the global export of technical and engineering services is small, stated: “For technical and engineering services, special licenses and facilities have been considered.” The Director General of Knowledge-Based and Technical Engineering…

 European Commission announces surveillance of imports and exports of metal scrap

The European Commission (EC) on July 23, 2025, announced that it has activated the customs surveillance system to monitor the import and export of metal waste and scrap into and out of the EU, covering ferrous waste and scrap (including steel), aluminum, and copper. According to the EC release, the EC adopted the Steel and…

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