News List
Major Iranian Mining Companies Produced 28.7 MT of iron ore Concentrate
iron ore concentrate production of major Iranian mining companies passed 28,7 million tons during the first seven months of the current Iranian calendar year (from March 21 to October 22, 2023). According to the report of Public Relations of IMIDRO, iron ore concentrate production of 9 major Iranian mining companies stood at 28,774,175 tons…
15 million tons growth of steel production in the country
Managing director of Mobarakeh Steel Company stated: owing to the extensive investments in steel industry, over the incoming two years, the capacity of steel production in the country will increase from the current 45 million tons to 60 million tons. Mohammad Yaser Tayebnia warned on Saturday in the opening ceremony of the joint “Mobarakeh…
The 20th International Metallurgical Exhibition IRAN METAFO
IRAN METAFO is the 20th International Metallurgical Exhibition (Steel, non-ferrous metals, casting, molding, forging, mine & mining industries, ceramics and refractory industries, industrial valves) Trade expo provide a valuable opportunity for industry owners to present their products and capabilities on a large scale and to connect with their industry activists. The 20th International Metallurgical…
Iran to sign agreement with Turkmenistan on electricity coop
Iran and Turkmenistan are scheduled to sign an agreement, which will allow Iran to receive more electricity from the northern neighbor, an official said. Arash Kordi, the managing director of Iran Power Generation, Distribution and Transmission Company (Tavanir), told IRNA on Friday that the agreement will be signed on Saturday during an Iran-Turkmenistan Joint…
Production of special grades of steel with high value added is the necessity of obtaining more foreign exchange
The chairman of the board of directors of the Association of Steel Producers stated: Production of special grades of steel with high added value, will bring a lot of foreign exchange revenues from the export of these products. Bahram Sobhani, chairman of the Board of Directors of the Association of Steel Producers of the…
Iron ore rises on strong China data, stimulus optimism
Iron ore futures rose on Wednesday, driven by stronger-than-expected industrial output in China and ongoing support for the country’s ailing property sector. The most-traded January iron ore on China’s Dalian Commodity Exchange (DCE) closed up 1% at 971 yuan ($134.07) per metric ton, after hitting its highest levels since May 2021 earlier in the…
IRAN,S sponge iron production up 5.4%
Production of sponge iron in Iran rose by 5.4 percent during the first seven months of the current Iranian calendar year (March 21-October 22), according to the data released by the Iranian Steel Producers Association (ISPA). The ISPA reported that 22.112 million tons of sponge iron was produced in the country during the seven-month…
Seven months of Iran’s steel production at the level of previous year
The Iranian Steel Producers Association published the statistic of apparent steel consumption in the first 7 months of the current year. The apparent consumption of middle steel in the first 7 months of this year compared to the same period last year increased by 0.7%, the apparent consumption of all steel products increased by…
power plants of mine & mining industries are ready to open by the end of this year 3
Three power plants will enter the power generation circuit by the end of this year under IMIDRO,s leadership. The power plants will be launched by Mobarakeh, Gole-Gohar and Aluminum Al-Mahdi companies. According to public relations of IMIDRO, owing to the attitude of supplying electricity for mining and mineral industries by IMIDRO, second phase of…
Iron ore price retreats as China’s bourse plans to limit trading volumes
Iron ore prices fell on Tuesday after a state-backed bourse in China said it would limit trading volumes of futures contracts for the key steelmaking ingredient. According to Fastmarkets, benchmark 62% Fe fines imported into Northern China fell 0.69%, to $126.01 per ton. The most-traded January iron ore contract on China’s Dalian Commodity Exchange…
