News List
Turkey reduced scrap imports by 6.8% y/y in January-September
Turkish steel companies reduced imports of ferrous scrap by 6.8% in January-September 2025 compared to the same period in 2024, to 13.94 million tons, according to SteelOrbis, citing data from the Turkish Statistical Institute (TUIK). In September, imports of scrap to the Turkish market increased by 17.7% compared to September 2024 and by 21.6%…
Gohar Zamin Mining and Industrial Company’s steel ingot accepted in the Iran Mercantile Exchange/ marking a strategic move towards balanced development and value chain completion,
According to Managing Director of Gohar Zamin, Ali Amraei, this aims to enhance value addition, diversify income, and elevate the company’s position in both domestic and export markets, with the first official offering scheduled for the current week. He added: The company’s position in domestic and export markets will be elevated through steel ingot…
2.2% Growth in Mobarakeh Steel Company’s slab production
Yaser Hajiheydari, care taker of Quality Control and Sustainability at Mobarakeh Steel Group, during the panel on “Energy Constraints in the Steel Industry” stated: slab production at Mobarakeh Steel has increased by 2.2% in the first half of the current year. According to Chilan, Haji-heydari noted: in months without energy restrictions, Mobarakeh Steel’s output…
Steel makers urge govt for stronger measures to curb rising imports
Steel makers have urged the government for more measures to check rising imports from select group of countries including China which has produced 746.3 MT of crude steel in January-September period, over six-fold of the domestic output. As per global body World Steel Association (worldsteel), India has produced 122.4 MT of crude steel in…
Steel Headquarters headed by the Minister of Industry, Mines and Trade, held
Seyed Mohammad Atabak, Minister of Industry, Mines and Trade, at the Steel Headquarters meeting stated: “Steel is one of the mother industries and the pioneers of the country’s development, and this industry should continue its efforts to create renewable power plants and self-sufficient electricity.” He noted: Accurate data in the steel industry, examining the…
Mohammad Shahbazipour Appointed as caretaker of Ghaenat Steel Complex
According to public relations of National Iranian Steel Company (NISCO), Mohammad Shahbazipour has been appointed as the caretaker of the Ghaenat Steel Complex by a decree issued by Hassan Younesian, Managing Director of the National Iranian Steel Company. Mohammad Shahbazipour is an industry and mine manager who has held various responsibilities for many years.…
Iran’s renewable power capacity surpasses 2,700 MW
Iran’s renewable energy capacity has exceeded 2,700 megawatts, according to Mohsen Tarztalab, deputy energy minister and head of the Renewable Energy and Energy Efficiency Organization (SATBA), who emphasized the need for stronger facilitation by distribution companies to maintain the pace of growth, particularly in small-scale solar systems. (Quoted by IRNA) Tarztalab said that with…
EU reduced rolled steel exports by 9.2% y/y in January-August
According to the results of January-August 2025, European Union steel companies reduced their exports of rolled steel to third countries by 9.2% compared to the same period in 2024, to 10.82 million tons. This is evidenced by GMK Center calculations based on Eurostat data. Shipments of flat products for the period amounted to 7.05…
World Steel Association Ranking: Mobarakeh Steel Company Ranked 44th Among Global Steel Producers
The World Steel Association has released its 2024 ranking of the top 50 global steel producers. Mobarakeh Steel Company has achieved the 44th position with a production volume of 10.19 million tons. It is the only Iranian company included in this year’s ranking,according to Chilan. At the top of the list is China’s BAO…
Participation of 400 Domestic and Foreign Companies in the Industry Exhibition / Production Recovery in the Second Half of the Year
The Managing director of the Islamic Republic of Iran International Exhibitions Company announced: The 25th International Industry Exhibition (TIIE), to be held from November 2 to 5, with the participation of 400 domestic and foreign companies. According to IRNA’s economic correspondent, Beykzadeh during a press briefing noted that 107 of these companies are foreign,…
