News List
Rio Tinto ships 4 billion tonnes of iron ore to China
The shipment was loaded at Dampier Port on 19th July, bound for China Baowu Steel Group, the world’s top steel producer. This milestone comes 51 years after the first shipment of almost 22,000 tonnes of Pilbara iron ore was sent from Dampier Port to China’s Shanghai No.1 Steel Mill, which has since become part…
Video report on the progress of the first three months of 1403 (iranian calendar)
Kurdistan Steel Industries Company ,by the end of June 2024 ,has been able to complete the Bijar sponge iron project by about 35%, due to perseverance and empathy of its managers and employees. We appreciate this progress, which has been achieved with the support of the shareholders and the efforts of the…
The financial statements of Azarbaijan Steel Company for the period ending 1402 (iranian calendar)were being approved
According to the Public Relations of Azerbaijan Steel Company, this meeting was held in the meeting hall of the National Iranian Steel Company with the presence of the majority of shareholders’ representatives, Azimi, Managing director of Azarbaijan Steel Company, members of the board of directors and a group of members of director,s council of…
Iron ore posts weekly loss
Iron ore futures prices fell on Friday and were on track for a weekly loss, as a lack of concrete stimulus from top consumer China and weak seasonal demand for steel weighed on the market. The most-traded September iron ore contract on China’s Dalian Commodity Exchange (DCE) TIO1! ended morning trade 0.37% lower at…
Iran’s export by cooperatives exceeds $3.8m in 3 years
Iran’s cooperative sector exported commodities worth over $3.8 million over the past three years, registering a 24 percent increase. The exports by the country’s cooperatives reached $1.7 million in the previous Iranian calendar year 1402 (ended on March 19) to register a 29 percent increase compared to a year earlier, ISNA reported. Also, in…
IMIDRO invites private sector to invest in mining exploration projects
The Iranian Mines and Mining Industries Development and Renovation Organization (IMIDRO) has prepared new investment packages for the country’s private sector to participate in mining exploration projects, an official with the organization announced. “Considering IMIDRO’s approach in line with the slogan of the year which is the realization of public participation in the leap…
Iran to add 22,000MW to its power plants capacity
Head of Iran’s Power Generation, Distribution, and Transmission Company (known as Tavanir) Mostafa Rajabi Mashhadi has said the country’s Energy Ministry plans to construct new power plants with a total capacity of 22,000 megawatts (MW) across the country, IRNA reported on Friday. Stating that in the past three years, up to three billion dollars…
Australia’s Rio Tinto iron ore production declines
Iron ore production of Rio Tinto Mining Company of Australia fell by 2% in the first half of this year to 157.4 million tonnes. Production in the second quarter of the year also decreased by 2% year-on-year to 79.5 million tonnes. The production of bauxite in these six months was 28.1 million…
Production of more than 6 million tons of steel products in the country
The Executive deputy of the Association of Steel Producers and Exporters of the country stated: spring of the current year, 6 million and 28 thousand tons of steel products were being produced, 1.2 percent more than same period last year. He added: “regarding the export of steel products, an increase is being seen,…
The MENA Green Steel Conference 2024 will be held in Dubai in September
The steel industry’s transition to sustainable and greener steelmaking will vary across different continents and regions. Steel producers in Western countries have already begun investing in improving steel industry sustainability and the market is likely to see a more rapid adoption of low-carbon technologies compared with steel producers in China and India, where the…
