News List

Modon is the first Real Estate Developer to use Green Steel in UAE, in collaboration with EMSTEEL

Modon, a master developer known for vibrant and sustainable communities, and EMSTEEL Group, the UAE’s largest steel and building materials manufacturer, have signed an MoU reflecting a strategic alliance to confirm Modon as the first real estate developer to use low-carbon steel in the UAE. This collaboration underscores EMSTEEL and Modon’s vital role in…

Turkey produced 3 million tons of steel in November

In January-November, the company’s production increased by 11.2% y/y In November 2024, steel enterprises in Turkey increased steel production by 0.7% compared to the same period in 2023, to 3.010 million tons. The figure increased by 0.4% compared to the previous month. This is evidenced by data from the Global Steel Association WorldSteel. In…

Iron ore price weakens as Australia flags return to sub-$100 prices

Iron ore headed for a weekly loss as Australia’s government forecast sharply lower prices, the US dollar hit a two-year high, and traders waited for China’s next move to support its economy. Futures dropped for a fourth day in Singapore, to trade about 3% lower for the week. The contract has been hovering around…

We are ready to cooperate with knowledge-based, creative and innovative companies

According to the Public Relations of the National Iranian Steel Company, the Steel Value Chain Sharing Event was held on December 24 at the conference hall of the Presidential Innovation and Prosperity Fund with the presence of more than forty knowledge-based companies.‎ ‎At the beginning of this event, Vafaei Fard, the head of Imino,…

Through the leadership of Imidro / Direct employment of 3,100 people in ready to open projects

The Chairman of the executive Board of Directors of ‎‎Imidro‎‎ declared: The direct employment rate of ready for inauguration mining & industries  projects through the leadership of Imidro hits more than 3,100 people.‎ ‎According to the public relations’ news department of Imidro, Mohammad Aghajanlou clarified: Currently, eleven large mining projects and mining industries are…

National Iranian Steel Company (NISCO)and the Iranian Mines & Mining Industries Innovation Center  “Imino” will organize & hold the “Steel Value Chain” sharing event

According to the Public Relations of National Iranian Steel Company, the “Steel Value Chain” sharing event is an event focused on market development and commercialization of the products and services of knowledge-based companies of the steel industry chain, which will be held by the efforts of the National Iranian Steel Company (NISCO)and Imino.‎ ‎…

Steel exports from China exceeded 100 million tons in January-November

China’s steel exports in January-November 2024 reached 101.15 million tons, up 22.6% compared to the same period in 2023 and 12% higher than the total 90.26 million tons last year. This is evidenced by data from the China Steel Association (CISA). In November of this year, Chinese steelmakers increased steel exports by 15.9% compared…

Three key measures of Mobarakeh Steel company for the steel industry sustainability

 Gholamreza Salimi, Operation Deputy of Mobarakeh Steel company declared: in order to achieve the sustainability of production in Iran’s steel industry the following elements must be considered:‎ ‎ 1- Self-sufficiency in energy and raw materials: Investment in dedicated power plants and sustainable supply of raw materials to reduce market risks and resource limitations. ‎…

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