News List
Iran, EAEU sign 3-year roadmap to implement free trade deal
Iran and the Russia-led Eurasian Economic Union (EAEU) have signed a roadmap that details how they should implement a free trade deal that came into law in May. (Quoted by MNA) The document was signed in Moscow on Wednesday by Iran’s Minister of Industry, Mine and Trade Mohammad Atabak and EAEU’s executive body’s Minister…
Sefid Dasht Steel company’s record breaking in Sponge Iron Production
Sefid Dasht Chaharmahal and Bakhtiari steel company produced more than 518,000 tons of sponge iron in the first half of 1404 (Iranian calendar) shows 106% of the production plan and a 6% increase compared to last year. Additionally, with the successful implementation of the first phase of steelmaking and casting, the company produced about…
BHP iron ore shipments continue despite China deadlock
BHP continues to send iron ore shipments to China from its Pilbara mines, despite a price stand-off between the resources giant and Beijing which threatens billions of dollars of Australian exports. China’s state-run buyer of iron ore, China Mineral Resources Group, has told its steelmakers not to purchase iron ore from BHP, according to…
Global scrap prices mostly decline in September
Turkey’s reduction in purchases has led to an accumulation of scrap in Europe Global scrap prices have mostly stagnated in September 2025. Only the Chinese domestic market has seen slight growth, while in Turkey, the US, and the EU, prices have fallen or remained at August levels. Turkey In September 2025, the scrap market…
Emergency & safety building of Azarbaijan Steel Company inaugurated
The emergency and safety building (HSE) of Azarbaijan Steel Company was inaugurated in the presence of provincial officials and the governor of Miyaneh city. In this ceremony, Azerbaijan Steel Company’s Managing Director, emphasized the sacrifice of the forces of the safety and fire department while considered the ceremony of honoring the HSE personnel as…
Jindal Steel orders second hydrogen-ready DRI plant in Oman
Jindal Steel Duqm, a subsidiary of Jindal Steel Group, reconfirmed its confidence in Danieli by ordering a second hydrogen-ready direct reduction plant for the production of hot-briquetted iron (HBI). The DR plant will be installed in Duqm, in the Al Wusta region of the Sultanate of Oman, where the first Energiron DRI plant is…
Minex 2025 exhibition opens in Tehran
The 14th International Exhibition on Investment Opportunities in Iran’s Mining and Mining Industries, known as Minex 2025, opened on Tuesday at Tehran’s Imam Khomeini Mosalla. (Quoted by Tehran times) Running until October 3, the exhibition brings together domestic and international participants to explore investment prospects, technology transfer, and expanded cooperation in the mining sector.…
The EU seeks to resume negotiations with the US on steel tariffs
The European Commission has proposed that the United States abolish or reduce tariffs within quotas European Commissioner for Trade Maroš Šefčovič will meet with US Trade Representative Jason Greer to try to resume negotiations on reducing tariffs on steel and aluminum exports, Bloomberg reports. Šefčovič and Greer will meet on the sidelines of the…
Managing director of Azerbaijan Steel emphasizes Increasing Production and Productivity in the director’s council meeting
In the director’s council meeting of Azerbaijan Steel Company, attended by the heads of all units, Abdi, the company’s managing Director, identified increasing production along with improving productivity indicators as the main company’s top priority. According to the Public Relations of the National Iranian Steel Company, quoting the Public Relations of Azerbaijan Steel Company,…
August 2025 crude steel production
World crude steel production for the 70 countries reporting to the World Steel Association (worldsteel) was 145.3 million tonnes (Mt) in August 2025, a 0.3% increase compared to August 2024. Crude steel production by region Africa produced 1.8 Mt in August 2025, down 3.8% on August 2024. Asia and Oceania produced 107.7 Mt, up…
