News List
Return of iron ore to boom
Rising demand for iron ore in China’s steel mills has brought the boom back to the iron ore market for the third day in a row. The latest purity iron ore dry price of 62 per cent yesterday was $US118.45 per tonne, up 25 cents from the previous day. The high activity of steel…
Ghadir Neyriz Steel on the way to Stock Exchange
The first pre-admission meeting of Ghadir Neyriz Steel Complex in the capital market was held at Farabourse Company. Mohsen Mostafapour, the managing director of the complex while announcing this news, stated: In line with financing the ongoing projects and establishing presence in the value chain of the country’s steel industry, promoting financial clarity and…
Khuzestan steel company tries to Gain 25% Share of Iranian Steel Market
According to themanaging director of Khuzestan Steel Company, 15 percent share of Iran’s steel market belongs to this company and efforts are being taken to increase its share to 25 percent. Amin Ebrahimi, managing director of Khuzestan Steel Company explained the production prospects in this company and stated : Khuzestan Steel Company as the…
Inauguration of numerous projects in President Raisi’s visit to Fars Province
During President Ebrahim Raisi’s second visit to Fars Province, hundreds of development and infrastructure projects in various sectors were put into operation or started. President Raisi, who arrived at Shiraz airport on Thursday for a two-day visit to Fars Province, was accompanied by almost all of the members of his cabinet. During the president’s…
Hormozgan Steel co, a successful model of steel industry in the country
Managing Director of Hormozgan Steel Company stated: Due to the rare successes that the company achieved over the past two or three years, it has become a prominent company in the steel industry. Managing director of Hormozgan Steel Company said: Hormozgan Steel Company has been raised to a prominent company in the steel industry…
Isfahan Metro Rails on Zobe-Ahan steel company Production Line
Managing Director of Isfahan city & Suburban Railway Organization stated : while The required rails of the Isfahan metro are on the production line of the Zobe-Ahan steel company, we are waiting to set a contract with the Zobe-Ahan steel company to buy the rails.” Seyed Mohsen Vaezifar, managing director of Isfahan & Suburban…
India’s annual iron ore production / 15% increase
In April to September 2023, India’s iron ore production increased by more than 15 percent year-on-year to approximately 129 million tonnes, compared with 111.5 million tonnes in the same period last fiscal year. The country’s iron ore production reached 23 million tonnes. This is due to an increase in India’s crude steel production by…
IMIDRO welcomes private companies in steel chain development
We welcome the increased presence of private companies in the development of steel chains and other mineral products due to rising this sector’s share of the economy in GDP. According to the report of IMIDRO,s public relations ,Mohammad Reza Movassaghinia attended the Foolad kar Alvand co and MAPNA Locomotive Company and stated :”Some major…
Iran,s iron ore concentrate export jumps 624.5% in H1
The export of Iran’s iron ore concentrate increased by 624.5 percent during the first six months of the current Iranian calendar year (March 21-September 22), as compared to the same period of time in the past year, the Iranian Steel Producers Association (ISPA) announced. Based on the data released by the ISPA, 3.369 million…
14th Steelie Awards shortlist announced
The World Steel Association (worldsteel) has announced the shortlist for the 14th Steelie Awards. The Steelie Awards recognise member companies for their contribution to the steel industry over a one-year period in a series of categories impacting the industry. The winners will be revealed on Monday, 16 October. The Steelies would be awarded in…
