News List

Managing director of National Iranian Steel Company visited Qhaenat Steel Complex

Managing director of National Iranian Steel Company announced performing of several development projects in Ghaenat Steel Complex. According to public relations of  Qhaenat Steel Complex, Mohammad Aghajanloo on the sidelines of a visit to the Qhaenat Steel complex stated : “We hope to reach our commitments according to the schedule in this important economic…

Movassaghinia came to Nisco in his fourth visit

The head of IMIDRO organization came to National  Iranian Steel Company in his fourth visit . According to the Public Relations of National Iranian Steel Company, during the visit accompanied by the consultants, deputies and experts of IMIDRO , he attended in a specialized meeting  by the managing director, members of the board, deputies…

Iron ore surged, but could retest $100/mt support levels

Iron ore futures spiked more than 2% on Friday, helped by rising steel mill production in China, although lingering property sector and steel demand concerns continued to weigh on sentiment. The most-traded January iron ore on China’s Dalian Commodity Exchange DCIOcv1 ended daytime trade 2.1% higher at 728 yuan ($100.64) per metric ton. On…

US Steel receiving acquisition offers as company promises to maximize stockholder value

United States Steel Corp is considering a sale after fielding acquisition offers, according to a news release Sunday from the company. The steel producer is under a formal review process after “receiving multiple unsolicited proposals” for both specific assets and the entire firm, the release announced. “U.S. Steel’s Board and management team are committed…

Sponge iron export registered record high of 249% growth

Iran’s export of sponge iron registered a record high of 249.4 percent in growth during the first four months of the current Iranian calendar year (March 21-July 22), as compared to the same period of time in the past year, the Iranian Steel Producers Association (ISPA) announced. The ISPA reported that the country exported…

Iran begins gas production at Phase 11 of South Pars: NIOC chief

Iran has begun gas production at Phase 11 of South Pars, the world’s largest gas field, according to the CEO of the National Iranian Oil Company (NIOC). “The gas from this phase has been sent to the refinery through marine pipelines in the past few days,” Mohsen Khojasteh-Mehr told IRNA’s economics correspondent. He said…

Chaharmahal and Bakhtiari Governor’s gratitude to National Steel Company of Iran

Governor of Chaharmahal and Bakhtiari appreciated and thanked the actions of National Steel Company of Iran in order to create sustainable employment and development efforts in this province. According to the public relations report of Sepiddasht Company, Gholam Ali Heydari, in a meeting with Moham Aghajanlou, the CEO of Iran National Steel Company, expressed…

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