News List
1.1% in eight months / Iran,s steel output up
The World Steel Association (worldsteel) in its latest report has announced that Iran’s steel output hiked by 1.1 percent in the first eight months of 2023 as compared to the same period in the previous year. The worldsteel figures covered in a Friday report by the IRNA showed that Iran produced 19.7 million tons…
Global steel demand in 2023 and 2024
The World Steel Association data shows positive growth in global steel demand in the coming years and shows that Asia and Oceania will have the highest demand for steel in 2023 and 2024. Global steel demand in 2023 and 2024 – which regions want more steel? According to the World Steel Association, the global…
8 percent growth in steel products export
Iran’s steel products export increased by eight percent during the first half of the current Iranian calendar year (March 21-September 22), compared to the same period of time in the past year, the Iranian Steel Producers Association (ISPA) announced. The country exported 1.538 million tons of steel products during the six-month period of this…
IMIDRO to Held First International Conference on Digital Transformation in Steel, Mines and Mining Industries
The First International Conference on Digital Transformation in Steel, Mines and Mining Industries will be held by IMIDRO and IAI-HUB on October11 in Tehran. IMIDRO to Held First International Conference on Digital Transformation in Steel, Mines and Mining Industries According to the report of public relations of IMIDRO, the 1st International Conference on Digital…
Triple increase of india’s iron ore and pellets exports
Steel Mint data shows that India’s iron ore and pellet exports nearly tripled to 2023.6 million tonnes in April to September 9 from 18.6 million tonnes in the same period last fiscal year. While iron ore exports were 14.7 million tonnes, pellets exports were nearly 4 million tonnes. Of the total 14.7 million tonnes…
Asian iron ore prices stabilize in line with market recession
China’s Golden Holiday, which coincides with the Mid-Autumn Celebration this year, has stagnated business activities. In this regard, iron ore price index of 62 % at $US119.8 a dry tonne of CFR of China is being traded, down 10 cents a tonne from the previous day. Following holidays in markets and ports due to…
East Asia scrap market in silence
The price of imported scrap in East Asia due to the mid-autumn holiday was a quiet week, with the average price in Taiwan at $363 to $373 per ton CFR. Heavy scrap of 20-80 containers dropped by $369 per ton of CFR. The latest bid prices up to $375 per tonne of CFR have…
Iran’s foreign trade hits $54.6 bn in 6 months
The head of the Iranian customs office (IRICA) Mohammad Rezvanifar put the country’s foreign trade value in the first six months of the current Iranian calendar year (March 21 to September 22) at about $54.6 billion. It registered a 4.84 percent growth compared to the same period last year, Rezvanifar stated. According to him,…
Monitoring of provincial steel projects
The third session of monitoring the provincial steel projects was held in the presence of Deputy Minister of Industry, mine &trade and chairman of the board of Imidro in National Iranian Steel Company. According to the Public Relations of National Iranian Steel Company , the meeting was attended by mollarahman member of the board…
Steel prices in India upward
Steel prices in India are registering an upward trend due to “rapidly” increasing rates of key input material coking coal, industry executive Bimlendra Jha said.Coking coal and iron ore are the two main raw materials used to manufacture steel. While iron ore is available in substantial quantity in India, steel players are bound to…
