News List
Iran and Saudi Arabia threaten Turkey’s steel industry
The amount of Turkey,s steel import has increased to such an certain extent this year that the Turkish Association of Steel Producers has called for government intervention. According to the secretary-general of the association, due to possession of cheap energy, the Iranian and Saudi steel industry are a threat to Turkey’s steel industry. According…
360 MW Power Plant is going to be construct by Shadegan Steel
Shadegan Steel Company plans to construct a combined cycle power plant with 360 MW nominal capacity. In this regard, the tender documents have been published.According to the report of public relations of IMIDRO, construction of Shadegan 360 MW power plant is in line with Energy Ministry and Industry, Mine and Trade Ministry, Memorandum of…
Steel exports of china at peak
Steel exports of china in August registered the second highest record this year. Exports are expected to decrease in September and October but remain relatively in high levels as domestic demand is weak and steel production is high. In August, steel exports grew 13% from the previous month and 35% compared to August last…
Chinese government, looking forward to increase monitoring iron ore market
The Chinese government stated: it will increase monitoring of the iron ore market, and in order to keep discipline, will eliminate the violations of regulations and will continue to strengthen monitoring of futures and cash markets. China’s National Development and Reform Commission said the country will continue to pay attention to the dynamics of…
36% up y/y in March-June, Iran’s steel exports
Iran’s exports of steel rose significantly in the four months to late July this year with China being responsible for more than a third of purchases, according to figures by state-run metals and mining company IMIDRO. IMIDRO figures published on Saturday showed that Iran had exported some $2.693 billion worth of steel in the…
87% of the country’s steel production: used domestically
Due to published statistics, from the total 47,559,000 tons of steel production , 41.5 million tons equivalent to 87 percent of the country’s total steel production is being used on domestic consumption. From the beginning of this year to the end of August, more than 47 million tons (47 million and 559 thousand tons)…
A macro view to the steel industry is a necessity
Managing director of Shadegan Steel Company in an interview with Chilan regarding the increase in gas prices of steel industries stated: With recent decisions about increasing gas rates and establishing export taxes for the steel chain, it is necessary that the country’s major decision-makers to have a comprehensive look at all the issues of…
Iran’s ‘ PERED ‘ Arrives in Latin America
Construction of 2nd Extraterritorial Iranian DRI Plant with Iranian technology ‘ PERED ‘ The second extraterritorial Iranian DRI Plant will be constructed. According to the report of public relations of IMIDRO, MOU on construction of DRI plant with ‘ PERED ‘ Iranian technology and steel plant with investment of Chinese company in Peru was…
There is no prohibition on supporting innovative and technological projects in the mining sector
While emphasizing that the bans in the development of innovation should be turned into promoting factors, chairman of the board of IMIDRO stated, “There is no ban on supporting innovative and technological projects of the mining sector.” According to IMIDRO Public Relations, Mohammad Reza Movasaghinia in a meeting with the executer, managers and the…
Increase of natural gas imports from central asia by china
Official customs data shows that China imported 13.4 billion cubic meters of natural gas (bcm) during the month of June, a 19 percent increase over the import level during the same month in 2022. Global imports arrived in China via pipelines and in liquefied form. Overall, 5.785 bcm of gas was imported via pipelines…
