News List
Samiei Nejad presented: Iran-China win-win cooperation in the mine and mining industries / presenting new investment models to develop strategic cooperation
Mohammad Masoud Samiei Nejad, Deputy Minister of Industry, Mine and Trade, and IMIDRO’s Chairman of the Executive Board of Directors, while highlighting Iran’s mining potentials in strategic reserves as well as in technical and engineering fields, called for improving the two countries’ mutual capabilities toward win‑win relations. According to NISCO’s public Relations quoting IMIDRO’s…
India increased steel exports by 24% m/m in September
In April-September, volumes amounted to 4.43 million tons ; Compared to September 2024, these volumes have almost doubled. In particular, exports of flat carbon steel products in September increased by 24% compared to the previous month to 0.86 million tons, with hot-rolled coils accounting for almost half of the volume – 0.41 million tons…
Global steel demand will grow by 1.3% y/y in 2026
Global demand for steel in 2025 will remain at 1.75 billion tons, which is practically the same as in 2024. However, in 2026, growth of 1.3% y/y is expected, to 1.773 billion tons. These forecasts were announced by the World Steel Association (WorldSteel). Alfonso Hidalgo de Calcerrada, chairman of the WorldSteel Economic Committee and…
Steel production in 70 producing countries amounted to 141.8 million tons in the month
Global steel production in September 2025 decreased by 1.6% compared to the same month in 2024 to 141.8 million tons. The figure decreased by 2.4% compared to the previous month. This is evidenced by the global ranking of steel-producing countries (70) by the World Steel Association. Total steel production in the CIS+Ukraine decreased by…
Moscow suggests $1.91bn blast furnace option using local ore and $1.05bn electric arc furnace model based on imported scrap
The Russian government has proposed two options for the revival of Pakistan Steel Mills (PSM), offering one model based on the traditional blast furnace technology costing $1.91 billion and another using Electric Arc Furnace (EAF) technology at a cost of $1.05 billion, BR reported, citing officials familiar with the matter. According to the officials,…
IMIDRO’s Chairman of the Executive Boards of Directors Visited Gol Gohar-Shiraz Railway Project/ Samiei Nejad Emphasizes IMIDRO’s Support for Launching the Project
IMIDRO’s Chairman of the Executive Boards of Directors visited the construction site of the Gol Gohar-Shiraz railway project. This project is considered as one of the important and strategic plans in the development of the country’s mineral transportation chain. According to public relations of NISCO quoting IMIDRO’s public relations, Mohammad Masoud Samiei Nejad, while…
At the” Private Sector – Government” Dialogue Council meeting in Tabriz, attended by the Minister of Industry, Mines and Trade;
Samiei Nejad announced: IMIDRO’s strategic support for the development of mines and mining industries / Emphasis on reducing the risk of exploration investments (quoted by IMIDRO) Dr. Mohammad Masoud Samiei Nejad, Deputy Minister, speaking at the meeting of the Private Sector-Government Dialogue Council in the Tabriz Chamber of Commerce, noted: “Active licenses related to…
China’s iron ore imports rise to a record in September
China’s iron ore imports in September climbed 10.6% from the month before to hit a record high for a single month, as improving demand and higher prices spurred miners to step up shipments. The world’s largest iron ore consumer brought in 116.33 million metric tons of the key steelmaking ingredient last month, staying above…
Green steel production: how G7 countries can help change the global landscape
The G7 countries are expected to play a crucial role in accelerating the transition to green steel production. They should coordinate policies to create markets for green steel, pool and scale-up investments in research and development, and deploy and scale-up green steel projects. Additionally, they should increase investment in multilateral funds dedicated to industrial…
Mohammad Javad Ahmadi new Managing Director of Ghadir Neyriz steel complex
The introducing ceremony of the new Managing Director of this company was held, attended by senior managers of Ghadir Investment Company and employees of Ghadir Neyriz Steel Complex, during which Mohammad Javad Ahmadi was officially appointed as Managing Director of Ghadir Neyriz Steel Company. Ahmadi, while expressing his appreciation for the efforts of Mostafapour…
