News List
Six commands from the Minister of Industry, Mine and Trade to large mining companies; from the development of explorations/ to investment in gas fields
The Minister of Industry, Mines and Trade stated: “Investment in gas fields by companies, training of specialized managers, construction of combined cycle power plants, development of explorations, creation of green steel innovation, and investment in rare earth elements are among the most important policies of the Ministry of Industry, Mine and Trade” therefore Mine …
Holding the Second International Mineral Processing Researchers Symposium (IMPRS)
International Mineral Processing Researchers Symposium (IMPRS 2025) and the first International Exhibition of Mining Industry Achievements is holding at the Mineral Processing Research Center of Iran. According to NISCO’s public relations, the second International Mineral Processing Researchers Symposium is holding with the aim of exchanging information and scientific findings on mineral processing methods, mineralogy…
Thermal power capacity set to grow by 4,000 MW ahead of summer peak
Iran will add over 4,000 megawatts of new thermal power capacity to its electricity grid this summer through the construction of new units, upgrades to gas turbines, and removal of production bottlenecks in existing steam power plants, a senior energy official said. According to Nasser Eskandari, Deputy for Power Generation Operations at Iran’s Thermal…
Nippon Steel expects profit to drop 43% this year, US Steel decision by early June
Nippon Steel expects net profit to slide 43% in the fiscal year ending March 2026, it said on Friday, citing a weak global steel market pressured by China’s exports and the impact of new US tariffs. Japan’s biggest steelmaker also said it expects a US decision on whether to approve the company’s proposed acquisition…
Announcement of special programs to commemorate National Industry and Mine Day
Seyed Abbas Hosseini, Advisor to the Minister of Industry, Mine and Trade and Head of the Commemoration Headquarters for National Industry and Mine Day stated: The purpose of holding this national conference is not only to respect the hard- workings of the industry and mine sector, but also to create an effective platform for…
Mobarakeh Steel Co, In pursuit of pioneering in special grades/ by launching 12 strategic projects and reducing dependence on imports
Saeed Zarandi, Managing Director of Mobarakeh Steel Company, on the sidelines of the unveiling ceremony of the strategic product of API x60 )Corrosion Resistant) sheet used in oil and gas transmission lines,while emphasizing the new strategies of this complex for the year 1404 (Iranian calendar), stated: Mobarakeh Steel Co is looking for a qualitative…
Turkish scrap prices increased by $8/t in early May
Steel mills had to return to procurement after a long pause Quotations for HMS 1&2 (80:20) scrap in Turkey increased from $330/t to $338/t CFR from April 30 to May 6, according to Kallanish. Suppliers have raised their requests as mills are planning the necessary purchases for June. At the same time, rebar producers…
National Iranian Steel Company/ The closing ceremony of the 11th Evaluation of the Productivity Award of Mines and Mineral Industries of Iran
The meeting to present the final report regarding the evaluation of National Iranian Steel Company’s strengths, held in the presence of the Managing Director, deputies, and managers and the team of IMIDRO evaluators. According to the Public Relations of NISCO, strengths such as organizational governance, effective actions in the field of research and…
Managing Director of the National Iranian Steel Company’s message on the occasion of Public Relations Day
Managing Director of the National Iranian Steel Company congratulated the public relations activists on the occasion of Public Relations Day on May 17. “ I congratulate all those involved in public relations in the country, especially my colleagues in the National Iranian Steel Company, on the occasion of the National Day of Communication and…
The President intervene in the issue of power outages for industries
The secretary of the Iranian Steel Producers Association, criticized the recent decision by the Ministry of Interior to impose a 90% electricity restriction on the steel and cement industries and stated: “We expect the President or the First Vice President to intervene in the matter by cancelling the recent decree and open the discourse…
