News List
Half of the country’s productive electricity is consumed for steel production
A member of the Iranian Steel Producers Association, while pointing out that the steel industry has an annual added value of $20 billion for the country, added: “The steel industry is one of the leading industries in the country, which allocates half of the electricity of the industrial sector.” Rasoul Khalife Soltani, a member…
Norway discovers Europe’s largest deposit of rare earth metals
Mining firm Rare Earths Norway says it has discovered Europe’s largest proven deposit of highly prized rare earth elements, potentially reflecting a watershed moment for both the Nordic country and the broader region. One of the few deposits not owned or controlled by China, the discovery of continental Europe’s largest rare earths deposit is…
Japan to craft 2040 strategy of decarbonisation and industrial policy
The Japanese government will map out by the end of March next year a new national strategy encompassing decarbonisation and industrial policy targeting 2040, industry ministry officials said on Monday. The move is aimed at setting out a long-term strategy to encourage investment to accelerate decarbonisation and to bolster the competitiveness of domestic industries.…
TURKISH STEEL INDUSTRY AIMS TO INCREASE TRADE VOLUME WITH NORTH AFRICA
The Turkish Steel Exporters’ Association (CIB) visited Tunisia with a trade delegation on May 22-24 with the aim to increase the trade volume between Turkey and North African countries and expand Turkish steel exporters’ presence in the region. Underlining that the association is accelerating international trade visits to reach the export figures recorded in…
Iron ore price hits seven-week low on softening China steel demand, higher supply bets
Iron ore futures extended their decline to a fifth straight session on Wednesday, hitting a seven-week trough, pressured by faltering steel demand and expectations of higher shipments to top consumer China in June. The most-traded September iron ore contract on China’s Dalian Commodity Exchange (DCE) ended daytime trade 1.84% lower at 825 yuan ($113.86)…
Global Steel Export Growth in 2023 / What are the World’s Largest Exporters and Importers?
According to the World Steel Association, the world’s exports of steel products grew in 2023 compared to 2022, and the association also published a list of the world’s largest steel exporters and importers last year. Global Steel Export Growth in 2023 / What are the World’s Largest Exporters and Importers? The World Steel…
Rio Tinto invests $8 million in Pilbara conservation land management
Rio Tinto will invest A$8 million over five years in a partnership with Western Australia’s Department of Biodiversity, Conservation and Attractions (DBCA) on a new project to enhance conservation land management and support Traditional Owner ranger programs in Karijini and Millstream Chichester National Parks. The Pilbara Conservation Project will protect areas of high conservation…
Lamerd Investors’ Power Supply Puzzle Complete
The power supply puzzle of the investors of Lamerd Special Economic Zone was completed with the arrival and installation of two super-distribution transformers to Lamerd Special Economic Zone. According to the Public Relations of the Iranian Mines and Mineral Industries Development and Renovation Organization (IMIDRO), quoting the public relations of Lamerd Special Energy…
Iran’s non-oil exports to Africa hit $1.2b in 2 years
Iran exported $1.2 billion worth of non-oil products to the African countries during the first two years of late Iranian President Ebrahim Raisi’s term, an official said. According to Ruhollah Latifi, the spokesman for the trade promotion commission of Iran’s House of Industry, Mine and Trade, the total value of non-oil trade with Africa…
Manufacturing of an imported tool of mineral industry by researchers of the country
Engineers from one of the companies of Vali-e-Asr University of Rafsanjan achieved technical knowledge of manufacturing the liners of the mineral industry, which was an imported product, and extended their shelf&useful life to one year. Amir Hossein Sarafpour reseacher from the research and development team of the company described the company’s product as…
