News List
Environmental Permission for the SBQ Project of Miyaneh Steel Complex Issued
According to the Public Relations of the National Iranian Steel Company, Dr. Ghobadi, Managing Director of this company, while congratulating the mentioned permit, underlined the importance of the accurate and operational implementation of the comprehensive environmental management document and appreciated the full support of Dr. Esmaeeli, Dr. Abdollahi, the honorable members of the Islamic…
European steelmakers call for restrictions on scrap exports
European steelmakers are calling on the European Commission to limit scrap exports so that the bloc can achieve its sustainable development goals and maintain industrial competitiveness. The European Steel Association (EUROFER) reiterated that scrap is a strategic secondary raw material for the European steel industry, as it contributes to the achievement of environmental goals…
Aghajanlou Emphasized on Imidro’s Full Support for Kurdistan Steel Development Projects
Engineer Mohammad Aghajanloo during a visit to the construction plan of the Bijar sponge iron factory, stated: “Imidro will provide financial support until the completion of this Mega module (Bijar sponge iron) as well as the chain projects of the Kurdistan Steel Industries Company until its full operation.” He continued: “The…
Pakistan and Russia to discuss revival of Steel Mill
Online talks next week set to pave the way for modernizing Pakistan Steel Mills, with a Russian delegation to visit for further assessments. Sindh Chief Minister Murad Ali Shah has announced that efforts to revive Pakistan Steel Mills (PSM) are progressing, with a key online meeting scheduled next week between Pakistani experts and Russian…
Behabad Yazd pelletizing plant, is on the eve of operation/4 million tons
Behabad Pelletizing Plant with a capacity of 4 million tons per year will be put into operation and producing the final product very soon, after final tests. Ahmad Sadeghian, Managing Director of Ghadir Iranian Iron and Steel Company, stated in an interview with Chilan: “At the moment, preliminary measures have been taken to start…
Iron ore prices down 3% since the beginning of November
Weak economic signals from China continue to put pressure on iron ore prices Since the beginning of November 2024, iron ore futures on major Asian exchanges have been declining, reflecting global economic trends and expectations of stimulus measures from China. In particular, January futures on the Dalian Commodity Exchange fell by 3.3% – to…
Tehran, Beijing sign MOU on trade co-op expansion
Tehran Chamber of Commerce, Industries, Mines, and Agriculture (TCCIMA) and China Council for the Promotion of International Trade Beijing Sub-council (CCPIT Beijing) signed a memorandum of understanding (MOU) to expand trade cooperation, IBNA reported. As reported, the MOU was inked by TCCIMA Chairman Mahmoud Najafi-Arab and CCPIT Beijing Chairman Guo Huaigang during a meeting…
World’s top two iron ore miners raise output even as China slows
The world’s two biggest suppliers of iron ore, Rio Tinto Group and Vale SA, raised output of the steelmaking material last quarter, even as demand from China faces headwinds due to the nation’s unresolved property crisis. Rio’s third-quarter output edged up about 1% from a year earlier, while Brazil’s Vale beat estimates to churn…
BHP Continues Decarbonization
The Australian mining company BHP stated: it will continue its cooperation with the Swiss company ABB in several fields, including decarbonization. The mentioned companies inked a multi-year agreement that provides the parties more opportunities to collaborate on project’s support, operational operations and maintenance, and to progress the operational decarbonization in all parts of their…
The total export volume of the iron and steel chain reached 16,519,000 tons
The Iranian Steel Producers Association published the value of steel and steel products exports in the first seven months of this year, which indicates that volume of iron and steel chain exports reached 16,519,000 tons. According to IRNA’s economic correspondent, the value of exports of the entire iron and steel chain during…
