News List
Vale’s iron ore output falls as operations failure hits key mine
Brazilian miner Vale SA reported on Tuesday a 3.9% year-on-year decline in its third-quarter iron ore output, hit by a production snag at a key mine. The firm produced 86.2 million metric tons of iron ore during the July-to-September period, according to a securities filing. The miner’s quarterly production was hit by a one-time…
10 percent increase in steel production by the end of the year
Ahmad Ahmadi, manager of Strategic Planning of National Iranian Steel Company regarding the supply of needed electricity for National Iranian Steel Company, stated: It’s been a while we are facing some limitations in the supply of electricity, and according to the agreement signed between the Ministry of industry, mine &trade and Ministry of Energy,…
IMIDRO starts building 100MW solar power plant
Ground- breaking Ceremony of Chadormalu’s 100MW Solar Power plant was held by attendance of Mohammadreza Movassaqinia chairman of the board of IMIDRO in Yazd Province. According to the report of public relations of IMIDRO, Amirali Taherzadeh, CEO of Chadormalu Mining and Industrial Company, Hesam Moghadamali and Somayeh Kholusi, IMIDRO’s deputies and some provincial officials…
The synergy of the country’s steel producers can be a facilitator to progress and development of this industry
Managing director of National Iranian Steel Company at the 10th Steel Price Conference which was held at the Olympic Hotel in Tehran, emphasized the need for the synergy of steel producers to progress & development of this industry. According to Public Relations of National Iranian Steel Company, Aghajanloo while expressing a statistical status of…
IMIDRO chairman of the board Visited Central Alborz Coal Factory
Mohammad Reza Movassaghi Nia, chairman of the board of IMIDRO while attending the central Alborz coal washing plant of Savadkooh this morning, appreciated the continuous and nonstop efforts to increase production and improve the quality of the company’s products. According to IMIDRO Public Relations, Deputy Minister of industry, mine and trde while pointing to…
Managing Director of Iran Alloy Steel Company announced:
3% will be added to the country’s steel production With the opening of Yazd1 project The Yazd 1 project of Iran Alloy Steel Company was informally inaugurated. Mohammad Kamalzadeh, managing directorof Iran Alloy Steel Company, announced the unofficial opening of the Yazd 1 project in the closing ceremony of the second national seminar on…
Return of iron ore to boom
Rising demand for iron ore in China’s steel mills has brought the boom back to the iron ore market for the third day in a row. The latest purity iron ore dry price of 62 per cent yesterday was $US118.45 per tonne, up 25 cents from the previous day. The high activity of steel…
Ghadir Neyriz Steel on the way to Stock Exchange
The first pre-admission meeting of Ghadir Neyriz Steel Complex in the capital market was held at Farabourse Company. Mohsen Mostafapour, the managing director of the complex while announcing this news, stated: In line with financing the ongoing projects and establishing presence in the value chain of the country’s steel industry, promoting financial clarity and…
Khuzestan steel company tries to Gain 25% Share of Iranian Steel Market
According to themanaging director of Khuzestan Steel Company, 15 percent share of Iran’s steel market belongs to this company and efforts are being taken to increase its share to 25 percent. Amin Ebrahimi, managing director of Khuzestan Steel Company explained the production prospects in this company and stated : Khuzestan Steel Company as the…
Inauguration of numerous projects in President Raisi’s visit to Fars Province
During President Ebrahim Raisi’s second visit to Fars Province, hundreds of development and infrastructure projects in various sectors were put into operation or started. President Raisi, who arrived at Shiraz airport on Thursday for a two-day visit to Fars Province, was accompanied by almost all of the members of his cabinet. During the president’s…
