News List
IMF forecasts economic improvement for Iran by 2026
The International Monetary Fund (IMF) has projected a modest improvement in Iran’s economic outlook, with the country’s gross domestic product (GDP) expected to grow by 1.1 percent in 2026. According to the latest IMF report, Iran’s economy is projected to grow by only 0.3 percent in 2025. However, the Fund anticipates a rebound to…
Imidro’s presence and its affiliated companies in the 7th Iran Expo 1404 exhibition (Iranian Calendar )
The 7th Exhibition of Iran’s Export Capabilities Expo 2025 will be held between April 28 and May 2 when domestic and foreign companies will present their products and services at the Tehran Permanent International Fairground with the presence of IMIDRO and its subsidiaries. According to the Public Relations of Imidro, this organization is…
Historic surge in Monthly Production of Slabs and Sponge Iron April 2025 (Iranian calendar) / Hormozgan Steel company
The hard-working employees of the continuous steelmaking and casting unit of Hormozgan Steel Company registered a new record in monthly production in April this year (Iranian calendar )with the production of 165,487 tons of slabs. The previous record was 163,199 tons. Also, in this month, new records were recorded in the…
In a meeting with the Deputy Minister of Investment, Industry, and Trade of Uzbekistan and Aghajanlou, it was emphasized that:
The mines chain provides a suitable opportunity for developing economic relations with Uzbekistan / Iranian companies have a high potential for exporting technical and engineering services to Uzbekistan. Chairman of the Executive Board of Directors of IMIDRO stated: the mine and mineral industries sector is a suitable area for developing relations with Uzbekistan. According…
Operation of 2 billion dollars mining & mineral industries project in 1403 (Iranian Calendar )Creation of 5,000 direct jobs in the country
The Chairman of the executive Board of Directors of Imidro announced the operation of 2 billion dollars of mining & mineral industries project in 1403 (Iranian Calendar ). According to the Public Relations of Imidro, Mohammad Aghajanlou stated: Mehdiabad zinc concentrate, Kahnouj titanium slag and a number of projects in the field of copper…
Sefid dasht Steel company’s significant step in the year of “investment for production” with a monthly record of sponge iron production
According to the public relations of Sefid dasht Steel Company, in April 2025, the hard-working team of this company, with the production of 91,047 tons of sponge iron, succeeded in improving the monthly record by 1,025 tons compared to the last record in May 2024 (90,022 tons). We congratulate this valuable achievement to the…
Vale’s iron ore output falls in first quarter hurt by Brazil rains
Brazilian miner Vale produced 67.7 million metric tons of iron ore in the first quarter of 2025, down 4.5% from a year earlier, the company said on Tuesday in its sales and output report. One of the world’s largest iron ore producers, Vale said heavy rainfall impacted production in its Brazilian Northern mining complex.…
Rio Tinto Reduces Iron Ore Shipments to a Minimum Since 2019 in the First Quarter of 2025
In the first quarter of 2025, Rio Tinto, one of the world’s leading iron ore producers, recorded its lowest shipment volume since 2019 — only 70.7 million tons from its mines in the Pilbara region of Australia. This is significantly lower than last year’s figure of 78 million tons and also below the forecasts…
The Deputy Minister of Industry, Mine and Trade: Export-based industrial production is the key to saving the economy.
The Deputy Minister of Industry, Mine and Trade and chairman of the executive board of Iranian Mines and Mining Industries Development and Renovation Organization (IMIDRO) stated: the production of export-based industries, are the only way to save the country’s economy. Mohammad Aghajanlou at the meeting of the Government and Private Sector Dialogue Council of…
Revival of the Steel Headquarters; A Step Towards the Development of Iran’s Steel
In the 14th Government, the revival of the Steel Headquarters is one of the key programs of Ministry of Industry, Mine & Trade. This action became operational by attracting the effective participation of trade associations in the iron and steel chain of the country, and the presence of the Minister himself in the first…
