News List
Iran-Uzbekistan co-op comprehensive document prepared to be signed
A comprehensive document on Iran-Uzbekistan cooperation has been prepared for the signing by the two countries’ officials. (Quoting by Tehran Times) The three-day visit of Iran’s Minister of Industry, Mining, and Trade Seyed Mohammad Atabak to Tashkent, the capital of Uzbekistan, was a significant step towards achieving the goals of the outlook for trade…
At the 11th Iran Mines and Mining Industries Productivity Award ceremony, National Iranian Steel Company (NISCO)received a Three-Star Productivity Pioneers certificate
According to NISCO’s Public Relations, NISCO received a two-star productivity rating in the previous round and now, with a step up, achieved the top and leading ranks companies in the mining and steel industry. The 11th Iran Mines and Mining Industries Productivity Award ceremony was held yesterday (Sunday, 25 Aban) at the Eram Conference…
Exporters plan to raise prices by $2–3 on the Black Sea market for billets
The global square billet market saw mixed trends in October. Negative sentiment prevailed during the first half of the month due to the weak market in China, although the situation in Turkey improved. In the second half of October, most regional billet markets saw a cautious upward trend driven by improved sentiment in Asia,…
Holding the 11th Productivity Award Conference for Iranian Mines and Mining Industries
The secretary of the 11th Productivity Award Conference for Iranian Mines and Mining Industries stated: This conference will be held to honor productive companies, attended by senior officials from the Ministry of Industry, Mine and Trade. According to Nisco’s Public Relations, quoted by IMIDRO, Ali Bahrami Rad noted: The 11th Productivity Award Conference for…
Vale gearing up to meet Indian demand as China steel output stagnates, CEO says
Brazilian miner Vale (VALE3.SA), opens new tab is preparing to meet rising iron ore demand from India, which could double its steel production by the end of the decade, Chief Executive Gustavo Pimenta told Reuters. Rising sales to India and other Asian markets should help to offset stagnant demand from China, where steel production…
Expanding Exports, Meeting Needs of Domestic Industries
Mobarakeh Steel aims to expand exports of finished products and meet the evolving needs of domestic industries. ( Quoting MNA) Speaking at the specialized panel on “Balancing the Flat Steel Product Chain Based on Market Demand” at the Mobarakeh Steel Group Pavilion, Majid Fakhari, Sales and Product Delivery Planning Manager of Mobarakeh Steel Group,…
Japanese Trading Houses Brace for Struggles Amid China’s Steel Glut
Japan’s major trading companies are facing a prolonged slump in iron ore and coking coal prices, as surging Chinese steel exports flood Asian and global markets, weighing on profits for at least the next six months. Executives at Mitsubishi Corp. and Itochu Corp. said the oversupply is likely to persist through the end of…
Acceleration in the development path of Qorveh steelmaking / Physical progress of melting hall construction reaches 20% and engineering activities of the factory reach 50% progress
The construction project of Qorveh steelmaking and continuous rolling factory is progressing so fast. So far, the construction of the melting hall has reached 20% physical progress and the engineering activities of the factory have reached 50% progress. The implementation of main structures, concreting and setting up a framework of rebars continues with precise…
Global iron ore exports remained stable in October
India increased shipments after the rainy season, while South Afrihttps://gmk.center/wp-admin/edit.php?post_type=newsca reduced exports Global iron ore exports remained stable in October 2025, with high volumes continuing to be shipped from the main producing countries. India accounted for most of the growth, while Australia and Brazil recorded moderate increases in shipments, and South Africa, on the…
Holding a ceremony to honor Hadi Abdi and introduce Mohammad Shahbazi‑pour as the new caretaker of Ghaenat Steel Complex
According to the public relations of Ghaenat Steel Complex, with the presence of the Managing Director of National Iranian Steel Company (NISCO), members of the executive board, managers and contractors of Ghaenat Steel Complex, the ceremony of honoring and introducing the new caretaker was held. In this ceremony, Hadi Abdi was appreciated for his…
