News List
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…
The Kallanish Global Flat Steel 2025 conference will take place on October 16 in Istanbul, Turkey
The event will bring together representatives of the global flat steel supply chain to discuss current issues affecting the market. The tariffs imposed by the US president have clouded the prospects for global trade and economic growth. In particular, this raises concerns about the redirection of steel trade from the United States to other,…
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…
Strong Objection of Minister of Industry, Mine &Trade to the Power Outages of Self-Supplying Industries
The Minister of Industry, Mine, and Trade, while criticizing the power outages and restrictions imposed on industries that generate their own electricity, emphasized the necessity of prioritizing the consumption of this electricity within the production units themselves. According to IRNA, quoting by the Ministry of Industry, Mine and Trade, Seyed Mohammad Atabak noted: sustainable…
In a meeting attended by Managing Directors of major mine &mining industries companies
Aghajanlou emphasizes the formation of a working group to resolve the challenges of foreign exchange & exports in the mine and mining industries sector. The Chairman of the Executive Board of IMIDRO at the “Review of Developments in Iran and Global Financial Markets” meeting, called for the formation of a working group to resolve…
China quietly issues 2025 rare earth quotas
China has quietly issued its first 2025 rare earth mining and smelting quotas without the typical public statement, sources with knowledge of the matter said this week, another sign of Beijing tightening its control over the crucial sector. The quotas are closely monitored as a barometer for the global supply of rare earths, a…
Supreme Leader approves National Development Fund’s investment in energy sector
Ayatollah Seyyed Ali Khamenei approved the National Development Fund’s investment in energy sector. According to IRNA , The CEO of the National Development Fund Mehdi Ghazanfari says Leader of the Islamic Revolution Ayatollah Seyyed Ali Khamenei has granted permission to invest in the energy sector, including oil, gas, and electricity. Addressing a meeting of…
India has reached a steel production capacity of 205 million tons per year
India’s steel production growth rate has surpassed China and the global market India reached its target steel production capacity of 205 million tons per year in the 2024/2025 fiscal year. According to a report by MP Financial Advisory Services LLP (MPFASL), the country is steadily moving towards its strategic goal of 300 million tons…
EU reduced DRI imports by 15% y/y in January-May
This figure was influenced by the almost complete cessation of imports by Germany and the Netherlands In January-May 2025, the European Union reduced imports of direct reduced iron (DRI) by 15.8% compared to the same period in 2024, to 1.01 million tons. This is evidenced by GMK Center calculations based on Eurostat data. The…
