News List
EU imported 3.59 million tons of iron and steel products from Russia in January-August
Pig iron, semi-finished steel products and direct reduced iron account for the bulk of the volume In January-August 2025, the European Union (EU) imported 3.59 million tons (-7.7% y/y) of steel raw materials of Russian origin. The cost of importing these products reached €1.48 billion (-20.9% y/y). This is evidenced by GMK Center calculations…
‘Iran needs €55b investment to drive mining sector growth’
Iran requires about €55 billion (around $59 billion) in new investment to achieve its planned 13 percent growth target for the mining sector under the 7th National Development Plan, the head of the Iran Mine House said. (Quoting by Tehran Times) Mohammad Reza Bahraman, speaking at a press conference ahead of the 19th Iran…
Vale increases iron ore production to its highest level since 2018 in Q3
At the same time, pellet production decreased due to a decline in demand for high value-added products Brazilian mining company Vale has demonstrated the highest level of iron ore production since 2018. In the third quarter of 2025, the company produced 94.4 million tons of ore, up 3.8% year-on-year and 12.9% quarter-on-quarter. This is…
German crude steel output down 10.7 percent in Jan-Sept 2025
In September this year, Germany’s crude steel output went down by 0.6 percent year on year to 2.97 million mt, according to the information provided by the German Steel Federation Wirtschaftsvereinigung Stahl (WV Stahl). In the first nine months of this year, crude steel production in Germany declined by 10.7 percent year on year…
The Chairman of the Executive Board of Imidro announced the issuance license for the sell of foreign exchange obtained from exports in the second hall of the Exchange Center
Samiei-Nejad: Authorization granted to sell foreign currency earned from exports on the Second Hall of the Exchange Center/ Four IMIDRO’s strategies for the new term / “Future-based outlook” a vital factor in the steel industry According to Nisco’s public Relations quoting IMIDRO’s public relations, Mohammad Masoud Samiei-nejad at the opening ceremony of the Steel…
Tahmoures Javanbakht new managing Director of Sefid Dasht Chaharmahal and Bakhtiari steel company
The honoring and introducing ceremony of Sefid Dasht Chaharmahal and Bakhtiari steel company’s Managing Director was held at Mobarakeh Steel Company, during which Tahmoures Javanbakht was introduced as the new Managing Director, while the efforts of Mahmoud Mohammadi Fesharaki, the former M.D of this company, were also appreciated. Tahmoures Javanbakht, with 25 years of…
Commemorative photo of the ministers and deputy ministers of the countries participating in the 27th China Mining Conference 2025
Dr. Samiei Nejad, Deputy Minister of Industry, Mine and Trade and IMIDRO’s Chairman of the Executive Board of Directors, at this global event held at the level of ministers and deputy ministers, outlined strategies for developing Iran’s mine and mining industries cooperation with various countries, including China.
Global steel production in September decreased by 1.6% y/y
Steel production in 70 producing countries amounted to 141.8 million tons in the month Global steel production in September 2025 decreased by 1.6% compared to the same month in 2024 to 141.8 million tons. The figure decreased by 2.4% compared to the previous month. This is evidenced by the global ranking of steel-producing countries…
The 2025 Steel Symposium reached the 27th station
The 27th Iranian Steel Symposium will be held from 28 to 30 October 2025 on Kish Island focusing on the theme “The Role of Industrial Revolution 4 and 5 and AI in the Green Steel’s production”. This symposium is one of the most important scientific and industrial events in the country in the field…
Commencement of the second phase of erecting the structure and furnace components in the Bijar sponge iron project
With the deployment of a 480-ton crane at the Bijar’s sponge iron project site, the second phase of installing the structure and the furnace for this major project has begun. According to a report by the Public Relations of the National Steel Company of Iran (NISCO), quoting the Public Relations of Kurdistan Steel Company,…
