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Iran’s steel production up over 4% in first 7 months: WSA

The latest report issued by the World Steel Association shows that Iran’s steel production rose by 4.1% in the first seven months of this year. The figures by WSA shows that Iran produced 18.1 million tons in that period.The statistics expresses a 4.1% increase compared to the same period last year.The latest data shows…

Partial growth of global iron ore trading

Global iron ore exports improved in the first half of 2023 by 2 percent , while  713 million tons registered. Every exporting country had its own challenges, but the main cause of the partial growth of iron ore exports was the slump in world steel demand. Data from the World Steel Association shows global…

Iron ore price falls on worries of steel output cut in China

Iron ore prices fell on Monday as expectations of steel output cuts in China and weakness in the country’s property segment weighed on sentiment. According to Fastmarkets, benchmark 62% Fe fines imported into Northern China fell 2.26% on Monday, to $103.01 per tonne, the lowest since May. The most-traded January iron ore on China’s…

Iran plans to launch offshore bank to facilitate investment

Economy minister stated Saturday that preliminary steps were taken to establish an offshore bank as a way to attract foreign investments. Ehsan Khandouzi told : in order to increase the country’s economic growth we must take measures that lead to an increase the investments in Iran. The minister hailed President Ebrahim Raeisi’s administration’s performance…

A training course on the basics of crane inspection principles will be held by National Iranian steel company ‘ HSE- centered ‘

According to the Public Relations  of National Iranian Steel Company, Naeemi, director of health, safety and environment of the company stated : This basic training course of the principles of inspection of cranes (inspection, lifting and regurgitation) is actually a retraining course that is held to prevent accidents in the workshop. According to the…

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…

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