News List
Iron ore price weakens as Australia flags return to sub-$100 prices
Iron ore headed for a weekly loss as Australia’s government forecast sharply lower prices, the US dollar hit a two-year high, and traders waited for China’s next move to support its economy. Futures dropped for a fourth day in Singapore, to trade about 3% lower for the week. The contract has been hovering around…
We are ready to cooperate with knowledge-based, creative and innovative companies
According to the Public Relations of the National Iranian Steel Company, the Steel Value Chain Sharing Event was held on December 24 at the conference hall of the Presidential Innovation and Prosperity Fund with the presence of more than forty knowledge-based companies. At the beginning of this event, Vafaei Fard, the head of Imino,…
Through the leadership of Imidro / Direct employment of 3,100 people in ready to open projects
The Chairman of the executive Board of Directors of Imidro declared: The direct employment rate of ready for inauguration mining & industries projects through the leadership of Imidro hits more than 3,100 people. According to the public relations’ news department of Imidro, Mohammad Aghajanlou clarified: Currently, eleven large mining projects and mining industries are…
National Iranian Steel Company (NISCO)and the Iranian Mines & Mining Industries Innovation Center “Imino” will organize & hold the “Steel Value Chain” sharing event
According to the Public Relations of National Iranian Steel Company, the “Steel Value Chain” sharing event is an event focused on market development and commercialization of the products and services of knowledge-based companies of the steel industry chain, which will be held by the efforts of the National Iranian Steel Company (NISCO)and Imino. …
Message from Mohammadi Fesharaki,Managing Director of Sefiddasht Chaharmahal& Bakhtiari Steel Company
The 10th anniversary of the establishment of this company is a pretext to honor the efforts of the workers, employees, officials, managers, contractors, shareholders… of the company in the past ten years of continuous movement and activity in creating a company that seeks to learn with knowledge and skills in the country’s steel industry.…
Steel exports from China exceeded 100 million tons in January-November
China’s steel exports in January-November 2024 reached 101.15 million tons, up 22.6% compared to the same period in 2023 and 12% higher than the total 90.26 million tons last year. This is evidenced by data from the China Steel Association (CISA). In November of this year, Chinese steelmakers increased steel exports by 15.9% compared…
Three key measures of Mobarakeh Steel company for the steel industry sustainability
Gholamreza Salimi, Operation Deputy of Mobarakeh Steel company declared: in order to achieve the sustainability of production in Iran’s steel industry the following elements must be considered: 1- Self-sufficiency in energy and raw materials: Investment in dedicated power plants and sustainable supply of raw materials to reduce market risks and resource limitations. …
New product of Azarbaijan Steel Company
According to the Public Relations of the National Iranian Steel Company, quoting the Public Relations of Azerbaijan Steel Company, Azimi, Managing Director of Azerbaijan Steel, in an interview with reporters, stated: In accordance with the company’s plan to diversify the products and with the efforts of colleagues, the necessary technical measures have been made…
Head of the The Iranian Steel producers Association’s presentation to the President at the Exhibition of Capabilities of the Industry and Mining Sector
The President, accompanied by Engineer Atabak, Minister of Industry, mine &trade and Dr. Agha Mohammadi, Head of the Economic Group of the Office of the Supreme Leader, visited the exhibition of the capabilities of the industry and mining sector in achieving 8% growth and was closely informed about the concerns and demands of manufacturers.…
Rio Tinto expects ore production to grow by 15 million tons in 2023-2025
Rio Tinto expects iron ore production to grow by 15 million tons in 2023-2025, CEO Jacob Stauscholm said during an investment seminar in London. In particular, in 2024 and 2025, the company forecasts an annual increase of 5 million tons, Australia Mining reports. A key area for Rio Tinto is the Simandou project in…
