News List

The President intervene in the issue of power outages for industries

The secretary of the Iranian Steel Producers Association, criticized the recent decision by the Ministry of Interior to impose a 90% electricity restriction on the steel and cement industries and stated: “We expect the President or the First Vice President to intervene in the matter  by cancelling the recent decree and open the discourse…

 The global copper chain,s capacity and production  is increasing/ red metal increases to about $9450 per tonne

The capacity and production of the global ‎‎copper‎‎ chain (concentrate and refined) increased in the second month of 2025.‎ ‎According to the Public Relations of imidro, the International ‎‎Copper‎‎ Studies Group (‎‎ICSG‎‎) in its new report stated: Global ‎‎copper‎‎ activists produced about 4 million and 590 thousand tons of refined ‎‎copper‎‎ in February 2025.…

4.6% increase in steel ingots production in the first month of 1404 (Iranian calendar)

Iran,s steel ingot production experienced an increase of 4.6% in the first month of 2025 ‎. ‎According to the public relations of Imidro, the Iranian Steel Producers Association, steel manufacturing companies produced 3 million and 312 thousand tons of steel ingots (billets, blooms, and slabs) in April. This figure in April 2024 was about…

Iran Ready to Meet Tajikistan’s Demand for Steel

Iranian Minister of Industry, Mine and Trade Mohammad Atabak expressed the country’s readiness to satisfy Tajikistan’s demand for steel and rebar. In a meeting with his Tajik counterpart in Tehran, Atabak said Iran is prepared to supply Tajikistan with steel and rebar on the basis of previous negotiations. Hailing Tajikistan as a “friend and…

Gold price plummets more than $100 on US-China trade truce

Gold prices plummeted by nearly 3% on Monday as a temporary deal between the US and China to slash tariffs sent the equity and bond markets flying. Spot gold fell 2.7% to $3,235.75 per ounce while US gold futures were trading more than 3% or $102 lower in late afternoon dealings, falling to $3,241.80…

Khuzestan Steel Company produces iron from industrial sludge

Khuzestan Steel Company achieved a world first by successfully producing iron from industrial sludge, yielding both economic savings and environmental advantages. Mohammad Jame’i, the director of the Public Relations Department of the Khuzestan Steel Company, says that the firm pioneered the production of iron from industrial sludge, achieving both economic savings and environmental benefits.…

UK steel sector urges clarity on timeframe for 0% US tariffs

Workers work at the British Steel site in Scunthorpe, Lincolnshire, Britain April 17, 2025. Danny Lawson/Pool via REUTERS/File Photo Purchase Licensing Rights, opens new tab. Britain’s steel sector on Friday urged clarity on when U.S. tariffs will be scrapped under a landmark first deal to remove President Donald Trump’s levies on the sector. Britain…

 The necessity of determining the optimal production point at Mobarakeh Steel Co/ Zarandi: investment in exploration is Mobarakeh Steel’s priority for this year.

Chairman of the executive board of directors of IMIDRO stated: By determining the optimal production level and  to maximize the use of its resources, Mobarakeh Steel Co should create the conditions to increase its efficiency and productivity . According to IMIDRO’s Public Relations, Mohammad Aghajanlou, in a project control meeting of Mobarakeh Steel Company…

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