News List
India has reached a steel production capacity of 205 million tons per year
India’s steel production growth rate has surpassed China and the global market India reached its target steel production capacity of 205 million tons per year in the 2024/2025 fiscal year. According to a report by MP Financial Advisory Services LLP (MPFASL), the country is steadily moving towards its strategic goal of 300 million tons…
EU reduced DRI imports by 15% y/y in January-May
This figure was influenced by the almost complete cessation of imports by Germany and the Netherlands In January-May 2025, the European Union reduced imports of direct reduced iron (DRI) by 15.8% compared to the same period in 2024, to 1.01 million tons. This is evidenced by GMK Center calculations based on Eurostat data. The…
Public Relations Policy Council of Mine and Mining Industries meeting
The fourth meeting of the Public Relations Policy Council of Mine and Mining Industries regarding “strategy in crisis situations” was held by the Public Relations of IMIDRO and with the presence of Elyas Hazrati, head of the government’s Information Council, and the council’s members at IMIDRO. According to IMIDRO’s public relations, the head of…
Global scrap consumption declined in most regions in Q1
The decline was recorded in China, the USA, the EU, Japan, South Korea and Turkey, while India saw an increase In the first quarter of 2025, global consumption of ferrous scrap decreased in most key regions. According to the World Association of Recyclers (BIR), scrap use declined in China, the EU, the US, Japan,…
Minister of Industry, Mine and Trade: We insist on the development of the copper industry
In some mineral materials, we reached the 1404 (Iranian calendar) target horizon therefor we do not insist on development in these areas, but there is emphasis on copper. According to IRNA, Seyed Mohammad Atabak in a meeting with economic activists in southern Kerman stated: Copper is considered as one of the areas of development…
China reduced iron ore production by 9.1% y/y in 1H2025
In June, raw material production amounted to 88.97 million tons According to data from the National Bureau of Statistics of China (NBS), Chinese mining companies reduced iron ore production by 9.1% year-on-year to 508.59 million tons in January-June 2025 compared to the same period in 2024, SteelOrbis reports. In June, ore production in the…
The Ghaenat Steel Complex towards the production of ingots
By having the BC01 strip in the steelmaking sector, the Ghaenat Steel Complex is closer to the continuous production of steel ingots; it is not only a technical step, but also a highlighted sign of the company’s accelerated movement towards realizing the dream of sustainable production. 
️According to the Public Relations of Ghaenat Steel…
️According to the Public Relations of Ghaenat Steel…
Rio Tinto increased ore production in Q2 to its highest level since 2018
In the second quarter of 2025, mining company Rio Tinto achieved its highest level of iron ore production in Australia’s Pilbara region since 2018. Total production amounted to 83.7 million tons, which is 20% more than in the previous quarter and 5% more year-on-year. This is stated in Rio Tinto’s quarterly report. The company…
The possibility of 30 to 40 percent increase in exports of mine and mining industries
IMIDRO’s Chairman of the Executive Board of Directors declared: Regarding Iran’s geographical location and the existing production capacity in the country’s mine & mining industries sector, the volume of exports can be increased by 30 to 40 percent. Quotting IMIDRO’s public relations, Mohammad Aghajanlou, speaking at the “Review of Obstacles of the Mineral Products…
Inauguration of the Country’s Largest Solar Power Plant in Mobarakeh Steel Co
The inauguration of the Aftab Shargh project in Mobarakeh Steel Group, and the commencement of supplying electricity to the steel industry from solar energy, triggered significant reactions from high-ranking officials of the country. According to Chilan, on Thursday, the first phase of the country’s largest concentrated solar power plant was inaugurated by Mobarakeh Steel…
