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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…

There is no other way but to go towards the production of green steel

Emissions of greenhouse gases from blast furnace and direct reduction production processes have become one of the most important challenges of humanity in the new century and have raised alarm bells for steel producers in the world, because with the environmental strictures at the international levels, it is necessary for steelmakers to think of…

EBRD plans Turkey steel support amid CBAM costs

The European Bank for Reconstruction and Development (EBRD) aims to support an increase in the competitiveness of Turkish industries, including steel, as they are hit by costs stemming from the EU’s Carbon Border Adjustment Mechanism (CBAM), Kallanish notes. Turkey’s steel sector, being energy-intensive, is expected to face significant pressures from CBAM, which could result…

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