News List

The Governor of Kerman suggestion: ban of coal imports

The Governor suggested: if Isfahan,s coal imports are banned or released necessarily, part of the problem of Kerman province mines will be solved. Mohammad Mehdi Fadakar in the administrative council of Koohbanan , with the presence of Minister of Cooperatives, Labor and Social Welfare, stated :”Coal is shared between the cities of Kohbanan, Zarand…

Iran officially becomes member of BRICS

The Islamic Republic of Iran officially became a member of the BRICS bloc of emerging economies, the Iranian president’s deputy chief of staff for political affairs has announced.Iran joined the BRICS group of Brazil, Russia, India, China, and South Africa as a full member, Mohammad Jamshidi wrote on his Twitter page, according to the…

Iran’s steel production up over 4% in first 7 months: WSA

The latest report issued by the World Steel Association shows that Iran’s steel production rose by 4.1% in the first seven months of this year. The figures by WSA shows that Iran produced 18.1 million tons in that period.The statistics expresses a 4.1% increase compared to the same period last year.The latest data shows…

Partial growth of global iron ore trading

Global iron ore exports improved in the first half of 2023 by 2 percent , while  713 million tons registered. Every exporting country had its own challenges, but the main cause of the partial growth of iron ore exports was the slump in world steel demand. Data from the World Steel Association shows global…

Iron ore price falls on worries of steel output cut in China

Iron ore prices fell on Monday as expectations of steel output cuts in China and weakness in the country’s property segment weighed on sentiment. According to Fastmarkets, benchmark 62% Fe fines imported into Northern China fell 2.26% on Monday, to $103.01 per tonne, the lowest since May. The most-traded January iron ore on China’s…

Iran plans to launch offshore bank to facilitate investment

Economy minister stated Saturday that preliminary steps were taken to establish an offshore bank as a way to attract foreign investments. Ehsan Khandouzi told : in order to increase the country’s economic growth we must take measures that lead to an increase the investments in Iran. The minister hailed President Ebrahim Raeisi’s administration’s performance…

A training course on the basics of crane inspection principles will be held by National Iranian steel company ‘ HSE- centered ‘

According to the Public Relations  of National Iranian Steel Company, Naeemi, director of health, safety and environment of the company stated : This basic training course of the principles of inspection of cranes (inspection, lifting and regurgitation) is actually a retraining course that is held to prevent accidents in the workshop. According to the…

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