News List
Minister of Economy Visited Kurdistan Steel Project
During the president’s second visit to Kurdistan, the Minister of Economy visited the Kurdistan Steel Project in Qhorveh. According to Public Relations of Kurdistan Steel, our Steel Chain in the field of iron ore is one of the most important projects in the province, which can create a major transformation in the region’s industry.…
ECO members sign MOU on establishing EU-China transport corridor via Iran
The transport ministers and representatives of the member states of the Economic Cooperation Organization (ECO) signed a memorandum of understanding (MOU) on the creation of a new transport corridor from China to Europe via Iran, Turkey, Turkmenistan, and Uzbekistan in Tashkent on Thursday. The MOU was signed on the sidelines of the 12th meeting…
Iron ore rallies on positive signals from China financial meeting
Iron ore strengthened on Wednesday, as positive signals from top consumer China’s latest financial meeting and sound fundamentals boosted market sentiment. The most-traded January iron ore on China’s Dalian Commodity Exchange (DCE) ended daytime trading 2.51% higher at 919.5 yuan ($125.63) a metric ton, the highest since March 17. The benchmark December iron ore…
Ahmad Ahmadi appointed as operation Deputy of National Iranian Steel Company
Managing Director of National Iranian Steel Company appointed Ahmad Ahmadi as operation deputy of National Iranian Steel Company. According to the Public Relations of National Iranian Steel Company, this command states: “You will be appointed to this position with respect to your valuable experiences and commitment. It is also emphasized : May you be…
Iran Mercantile Exchange” witnessed trade of 2,792,668 tons of commodities”
During the past week Iran Mercantile Exchange (IME) witnessed trade of 2,792,668 tons of commodities with a total trading value of more than $649 million on its physical market. As reported by the IME’s Public Relations and International Affairs Department, the exchange saw on its metals and minerals trading floor trade of 2,217,411 tons…
Mobarakeh Steel Projects for Power Supply
Mohammad Yaser Tayebnia, Managing director of Mobarakeh Steel Company stated: One of our main measures in the current situation is to focus on developing projects that balance the steel chain and sustainability of production. Along with the steel chain, due to the limitations in the energy field, the first phase of the 914-megawatt combined…
The first meeting of the Localization committee and Development of Iron and Steel Chain Technology
The first meeting of the Localization committee and Development of Iron and Steel Chain Technology was held in the Organization for Scientific and Industrial Research, the International Science and Technology Park of the Islamic Republic of Iran. According to the Public Relations of National Iranian Steel Company, the main goal of this meeting was…
Iron ore set for weekly gains on China support measures
Iron ore futures rose on Friday, reversing earlier weakness and on track for weekly gains, as additional signs of a stabilising Chinese economy underpinned sentiment already buoyed on extra stimulus for the world’s biggest steel producer.The most-traded January iron ore on China’s Dalian Commodity Exchange ended daytime trade 2.1% higher at 889.50 yuan ($121.57)…
In the first half of the year over 18.8m tons of sponge iron was produced
According to the Iranian Steel Producers Association (ISPA), 18.86 million tons of sponge iron was produced in Iran in the first half of the current Iranian calendar year (March 21-September 22). Direct reduction iron (DRI), also called sponge iron, is produced from the direct reduction of iron ore (in the form of lumps, pellets,…
Iran got rank 19 in Home Appliances Industry with Mobarakeh Steel Products
Mobarakeh Steel Strategy in supplying the maximum needs of the country’s home appliance manufacturing plants, especially in the conditions of sanctions, has provided the opportunity to increase production capacity, supply of domestic needs and export of $ 300 million and the 19th world ranking in the field of home appliance products. Nowadays we can…
