News List
Iron ore prices rise to 3-month high
Since the end of September, the market has been showing significant growth amid the stimulus of the Chinese economy Over the past week, September 30-October 7, 2024, the iron ore market experienced strong growth, fueled by new economic stimulus from China. Prices for raw materials continued to move upward, reaching a three-month high amid…
Steel market is experiencing the longest downturn in 20 years
The global steel market is experiencing its longest downturn in 20 years, said Yuriy Ryzhenkov, CEO of Metinvest Group, at the Siderweb 2024 forum held on 26 September in Vicenza, Italy. The cyclical steel market peaked in late 2021 and early 2022. The market then declined due to the outbreak of the war in…
Pellet production will reach five million tons/operation deputy of sangan steel
The operation deputy of Sangan Steel Mining Industries Company announced :the pellet production at the nominal capacity of this factory will be realized by the end of the year. Basid Ali Shamsinia stated: Sangan Steel Company is a subsidiary of Mobarakeh Steel and has a pelletizing unit with a capacity of five million…
Hyundai Steel Orders Blast Furnace Gas Injection Study to Improve Production and Reduce Carbon Emissions
Primetals Technologies to determine the best enabling technologies to minimize blast furnace carbon emissions -Identify the optimal route to maximize production and ironmaking efficiency -Potential to improve operating costs and lower the cost per ton of hot metal Recently, Hyundai Steel in Dangjin, South Korea, has placed an order with Primetals Technologies for a…
Managing director of National Iranian Steel Company visited Ghaenat steel complex
According to the Public Relations of Ghaenat Steel Complex, Dr. Ghobadi Samani, in this visit, while performing a field visit from various sectors and also receiving the necessary reports from consultants and contractors, expressed some important points on how to remove obstacles and launching the steelmaking unit according to the scheduled program and expressed…
Russia prepares export restrictions for important minerals
The Russian government is preparing a list of minerals and processed products that could be subject to export restrictions, Deputy Prime Minister Alexander Novak announced at Russian Energy Week. “We are analyzing the global market situation and will present our proposals shortly,” Novak explained. He pointed out that the list contains products that are…
Checking Ways of Iranian Mining Companies presence in the African Market
During a meeting with Masoud Brahman, Chairman of the Board of Directors of the Iran-Africa Joint Chamber (East), Fazlollah Heydari Farzan, manager of International Relations of Imidro, discussed ways to facilitate the presence of Imidro and its subsidiaries in African countries. In this meeting, while reviewing the mining capacities and mineral industries of…
Cooperation between National Iranian Steel Company and MAPNA should be developed
Managing director of National Iranian Steel Company announced: “The expansion of relations and cooperation between National Iranian Steel Company and MAPNA is in the interest of both sides and the furtherance of the economic goals of the Islamic Republic of Iran, and this cooperation should be developed.” According to the Public Relations of…
Iran, Armenia stress expanding mineral-industrial coop
Officials from Iran and Republic of Armenia emphasized the need to enhance and expand cooperation in the fields of mining and mineral industry. In a joint meeting held between Iran’s Ministry of Industry, Mine and Trade Mohammad Atabak and minister of Territorial Administration and Infrastructure of the Republic of Armenia, the two sides stressed…
International HSE exhibition to be held in Tehran
The 9th Specialized Exhibition of Health, Safety, Workplace, Fire Department, Crisis Management, Relief and Rescue (Iran HSE & Fire EXPO 2024) is going to be held at the Tehran Permanente International Fairgrounds during October 4-7, IRIB reported. Over 90 Iranian and foreign companies from various countries are going to partake in this exhibition. According…
