News List
Agreement between the Ministries of Power and Industry, Mine &Trade for the Sustainable Power Supply of Industries in the Summer of 1403( Iranian calendar)
In a joint meeting attended by senior managers of the Ministries of Energy and Industry, Mine &trade in Tavanir Company, the two Ministries agreed on sustainable power supply of industries in cooperation with other subscribers during the four hot months of this year. The meeting was held with the presence of Homayoon Hayeri, Deputy…
Iran’s Steel Ingot and Steel Products’ Apparent Consumption Increased
Iran’s Steel ingot and Steel products’ apparent consumption during the last Iranian calendar year (ended March19,2024) registered 5.2 percent and 1.2 percent growth respectively y/y. Iran’s Steel Ingot and Steel Products’ Apparent Consumption Increased According to the report of public relations of IMIDRO quoted by Iran Steel Producers Association, country’s Steel ingot apparent consumption…
Iron ore jumps to over one-week high on China’s property stimulus efforts
Iron ore futures extended gains on Friday to their highest in more than one week andwere on track for a weekly gain, supported by resilient consumption and a brighter demand outlook in top consumer China thanks to its latest property stimulus efforts. The most-traded September iron ore contract on China’s Dalian Commodity Exchange (DCE)…
Foreign trade on upward trend during President Raisi’s term: IRICA
Iran’s foreign trade registered a considerable jump during the late President Ebrahim Raisi’s administration (32 months in service) and reached more than $301 billion, the Islamic Republic of Iran Customs Administration (IRICA) said. About 347 million tons of goods, valued at over $137.8 billion, were exported from the country between August 2021 and April…
Presence of National Iranian Steel Company among the mass of mourners in Tehran
Following the tragic martyrdom of the popular president and his accompanying delegation, in order to serve the honorable mourners, they were received hospitably.
World Bank evaluation of Raisi administration proves its economic success
The World Bank, in its latest report on the economic situation in Iran, has examined the performance of the administration of late President Ebrahim Raisi, indicating its successful track record in the economic sphere. The WB report shows that the Islamic country’s economy experienced sustained growth over the past four years, despite the continuation…
Production of Iran’s Oxin steel Co up 12K MT in March-April
The head of Iran’s Khouzestan Oxin Steel Company Ali Mohammadi says the company has produced over 83,000 metric tons (mt) of plates. The Oxin Steel Company produced more than 83,000 MT of plates in the first month of the Iranian calendar year (March 20-April 19, 2024), Mohammadi said in the closing ceremony of the…
Message of the Managing director of National Iranian Steel Company on the occasion of the martyrdom of the honorable president and the accompanying delegation
Dr. Ghobadi Samani expressed his condolences on the martyrdom of the honorable president and his delegation. This message includes: “Although martyrdom is the longstanding desire of the people, the unpleasant news of the downfall of the helicopter carrying the honorable president and their delegation has pained the hearts of our beloved compatriots. He was…
China’s Baosteel raises June prices for hot-rolled coils
China’s leading flat steel producer Baosteel has raised domestic prices for hot rolled coil (HRC) for June sales by 50 yuan/t ($7/t). The company has also increased offers for some other products for June sales. In particular, the price of the company’s coated steel for the domestic market increased by 100 yuan/t. The company’s…
Iran RAILEXPO 2024 opens in Tehran
The 11th International Exhibition of Rail Transportations & Related Industries Equipment dubbed “IRAN RAILEXPO 2024” was inaugurated at the Tehran Permanent International Fairgrounds on Saturday. The inaugural ceremony was attended by Iran’s Minister of Transport and Urban Development Mehrdad Bazrpash and Head of Railways of the Islamic Republic of Iran Miad Salehi. More than…
