News List

Iran steel output grows 0.6% in first 10 months of 2024: WSA

Iran’s crude steel production reached over 25 million tons in the first 10 months of 2024, marking a 0.6% growth compared to the same period last year, according to the latest report by the World Steel Association (WSA). In October 2024, Iran produced 3 million tons of crude steel, contributing to its total output…

Scrap prices declined in November in most key markets

The global scrap market showed a decline in prices in most key regions during November 1-25, 2024. In Turkey, supply fell to its lowest level in 2 years, while in the US it fell by 3.6%. The European market was characterized by multidirectional trends, where stagnation prevailed in general. In China, quotes fell by…

National Iranian Steel Company’s plan / using thermal coal to produce the reduction gas

Managing Director of National Steel Company declared: we are planning to use thermal ‎‎coal‎‎ in order to produce reduction gas in sponge ‎‎iron‎‎ production units.‎ ‎ ‎According to the Public Relations of the National Iranian Steel Company, quoting the Public Relations of IMIDRO, ‎, Mohammad Ghobadi on the sidelines of the METAFO exhibition stated:…

India’s iron ore demand doubles

By 2030 India is on the verge of emerging as the world’s third-largest economy. The country, which is the world’s second-largest steel-producing, is set to achieve significant growth by 2030, supported by strong economic development. ‎ ‎ According to Iran Steel, India’s steel demand is expected to increase mainly by the construction and infrastructure…

Iran steel output hits over 12 million tons in 7 months

The Iranian Steel Producers Association (ISPA) announced that the country’s total production volume of steel products reached 12.847 million tons in the first seven months of the current Iranian calendar year (started Mar. 21). The association added that more than 6 and 5 million tons of long- and flat steel sections were produced in…

China increased iron ore production by 2.8% y/y in January-October

Chinese mining companies increased iron ore production by 2.8% in January-October 2024 compared to the same period in 2023, to 871.54 million tons. This is evidenced by data from the National Bureau of Statistics (NBS), SteelOrbis reports. In October 2024, Chinese mining companies reduced ore production by 4.1% compared to October 2023, and increased…

Exports of products in the mine & mining industries sector increased

 Exports of mining sector products from Iran increased slightly in the first seven months of the current Iranian calendar year (March 21 to October 22, 2024). The Iranian Mines and Mining Industries Development and Renovation Organization (IMIDRO) said on Wednesday that mining sector exports from Iran, including exports of metals, had reached some $7.537…

The 18th Iran Conmin International Exhibition Opened

 The 18th Iran Conmin International Exhibition was opened  in the presence of Mohammad Aghajanlou Chairman of the executive Board of Directors of Imidro, at the permanent location of Tehran Exhibitions. ‎ ‎According to the Public Relations of Imidro, this exhibition is being held with a focus on mine, mining industries, mining and road construction…

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