News List
About 5.8% increase in crude steel production
Crude steel production of the country exceeded 29 million tons in 11 months of 1402 (Iranian calendar )with about 5.8 percent increase compared to the same period last year. Steel companies produced 29.334 million tons of middle steel (Slab, Billet and Bloom) from the beginning of April to the end of…
Goldman says commodities to gain as central banks cut rates
Commodities will advance this year as central banks in the US and Europe move to reduce interest rates, helping to support industrial and consumer demand, according to Goldman Sachs Group Inc. Raw materials may return 15% over 2024 as borrowing costs come down, manufacturing recovers, and geopolitical risks persist, analysts including Samantha Dart and…
February 2024 crude steel production
World crude steel production for the 71 countries reporting to the World Steel Association (worldsteel) was 148.8 million tonnes (Mt) in February 2024, a 3.7% increase compared to February 2023. Africa produced 1.8 Mt in February 2024, up 8.1% on February 2023. Asia and Oceania produced 109.7 Mt, up 3.9%. The EU (27) produced…
Message from managing director of National Iranian Steel Company on the occassion of the new year
Beginning of the year 1403,concurrent with the spring of the Qur’an,the noble month of Ramadan,i would like to offer my best wishes to the great family of industry and steel of the country, especially all our Insightful and valuable colleagues. It is a great honor for me to hope that the year ahead…
Manager of Public Relations of National Iranian Steel Company:
Public Relations Scientific Engineering of National Iranian Steel Company / transition from traditional public relations to modern public relations, due to the needs of the company Manager of Public Relations of National Iranian Steel Company stated: “The transition from traditional public relations to public relations to up-to-date and scientific and engineering and formation…
Iran Expo 2024 to host 3000 foreign traders, businessmen
Some 3,000 foreign traders and businessmen are expected to participate in the 6th International Export Potential Exhibition of the Islamic Republic of Iran, dubbed Iran Expo 2024, an official with the Iran Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA) said. The exhibition will be inaugurated on April 27 and run through May 1,…
Global scrap market under pressure
The global scrap market in most major markets is calm and under pressure in March. In Europe and the United States,the scrap market has also come under more pressure due to Unwillingness of Turkey to buy, which has been in a recession since early February. In Turkey, the steel market is in a recession…
Major & large scale steel projects, power plants and smart consumption are being approved by the “think tank” of this company.
Head of Planning and Strategic Studies of National Iranian Steel Company stated: major and large scale steel projects, power plants and smart consumption are approved by the “think tank” of NISCO can be mentioned as : coal gasification projects, construction of a self-sufficient solar power plant, heat recovery in the steel chain and smart…
Copper price soars to 7-month high on China’s plans to cut output
Copper prices soared to their highest in seven months after Chinese smelters, which process half of the world’s mined copper, agreed on a joint production cut. Benchmark three-month copper on the London Metal Exchange (LME) touched $8,799 a metric ton, the highest since Aug. 1, 2023. It last traded 1.6% up at $8,790 as…
Specialized authority of National Iranian Steel Company in final judgment of more than 80 steel technical studies in 1402 (Iranian calendar )
The manager of Production, Localization & Research of National Iranian Steel Company gave notice the company’s Specialized authority in the final judgment of more than 80 technical steel research in the country. Hassan Payab, while announcing the above news, stated: “This year, due to the importance of the place of National Iranian Steel Company…
