News List
worldsteel Short Range Outlook October 2023
The World Steel Association (worldsteel) today released an update of the Short Range Outlook (SRO) for 2023 and 2024. worldsteel forecasts that steel demand will grow by 1.8% in 2023 and reach 1,814.5 Mt after contracting by 3.3% in 2022. In 2024, steel demand will see a further increase of 1.9% to 1,849.1 Mt.…
Arfa Iron and Steel Company joined the World Steel Association
Along with the government’s purposefully, comprehensive &extensive efforts to strengthen and improve relations with other countries of the world and to enter and participate in international cooperation in advancing and contriving affairs, the request of Arfa Iron and Steel Company to be a member of this global association has been agreed by the World…
The first major power distribution transformer of Qhaenat Steel was launched
While Managing Director of National Iranian Steel Company visited Qhaenat Steel Complex, the first main transformer of the power substation of Qhaenat Steel Complex was launched. According to the Public Relations of Qhaenat Steel Complex, during the visit of Mohammad Aghajanloo and his accompanying delegation from different units of Qhaenat Steel Complex such as…
Vale’s iron ore output falls as operations failure hits key mine
Brazilian miner Vale SA reported on Tuesday a 3.9% year-on-year decline in its third-quarter iron ore output, hit by a production snag at a key mine. The firm produced 86.2 million metric tons of iron ore during the July-to-September period, according to a securities filing. The miner’s quarterly production was hit by a one-time…
10 percent increase in steel production by the end of the year
Ahmad Ahmadi, manager of Strategic Planning of National Iranian Steel Company regarding the supply of needed electricity for National Iranian Steel Company, stated: It’s been a while we are facing some limitations in the supply of electricity, and according to the agreement signed between the Ministry of industry, mine &trade and Ministry of Energy,…
IMIDRO starts building 100MW solar power plant
Ground- breaking Ceremony of Chadormalu’s 100MW Solar Power plant was held by attendance of Mohammadreza Movassaqinia chairman of the board of IMIDRO in Yazd Province. According to the report of public relations of IMIDRO, Amirali Taherzadeh, CEO of Chadormalu Mining and Industrial Company, Hesam Moghadamali and Somayeh Kholusi, IMIDRO’s deputies and some provincial officials…
The synergy of the country’s steel producers can be a facilitator to progress and development of this industry
Managing director of National Iranian Steel Company at the 10th Steel Price Conference which was held at the Olympic Hotel in Tehran, emphasized the need for the synergy of steel producers to progress & development of this industry. According to Public Relations of National Iranian Steel Company, Aghajanloo while expressing a statistical status of…
IMIDRO chairman of the board Visited Central Alborz Coal Factory
Mohammad Reza Movassaghi Nia, chairman of the board of IMIDRO while attending the central Alborz coal washing plant of Savadkooh this morning, appreciated the continuous and nonstop efforts to increase production and improve the quality of the company’s products. According to IMIDRO Public Relations, Deputy Minister of industry, mine and trde while pointing to…
Managing Director of Iran Alloy Steel Company announced:
3% will be added to the country’s steel production With the opening of Yazd1 project The Yazd 1 project of Iran Alloy Steel Company was informally inaugurated. Mohammad Kamalzadeh, managing directorof Iran Alloy Steel Company, announced the unofficial opening of the Yazd 1 project in the closing ceremony of the second national seminar on…
Return of iron ore to boom
Rising demand for iron ore in China’s steel mills has brought the boom back to the iron ore market for the third day in a row. The latest purity iron ore dry price of 62 per cent yesterday was $US118.45 per tonne, up 25 cents from the previous day. The high activity of steel…
