News List
Ghadir Neiriz Steel Factory / Successful performance of the first melting
The hot test of the electric arc furnace of Ghadir Neiriz Steel making was successfully performed. According to Public Relations of Ghadir Neiriz Steel Complex, in continuation of launching the steel ingots production line of the steel plant of this complex, the first melting of the electric arc furnace of this factory on November…
Specialized Conference of Steel Industry Financing by means of Modern Monetary and Financial Tools
Specialized conference of iron and steel industry financing will be held in Kish Island. The purpose of this conference is to examine the different aspects of the commodity deposit certificate issuance for pellets and special bank deposit certificate papers. On the sidelines of the 2023th Kish Invex International Exhibition two new forms of financing…
Minister of Economy Visited Kurdistan Steel Project
During the president’s second visit to Kurdistan, the Minister of Economy visited the Kurdistan Steel Project in Qhorveh. According to Public Relations of Kurdistan Steel, our Steel Chain in the field of iron ore is one of the most important projects in the province, which can create a major transformation in the region’s industry.…
ECO members sign MOU on establishing EU-China transport corridor via Iran
The transport ministers and representatives of the member states of the Economic Cooperation Organization (ECO) signed a memorandum of understanding (MOU) on the creation of a new transport corridor from China to Europe via Iran, Turkey, Turkmenistan, and Uzbekistan in Tashkent on Thursday. The MOU was signed on the sidelines of the 12th meeting…
Iron ore rallies on positive signals from China financial meeting
Iron ore strengthened on Wednesday, as positive signals from top consumer China’s latest financial meeting and sound fundamentals boosted market sentiment. The most-traded January iron ore on China’s Dalian Commodity Exchange (DCE) ended daytime trading 2.51% higher at 919.5 yuan ($125.63) a metric ton, the highest since March 17. The benchmark December iron ore…
Ahmad Ahmadi appointed as operation Deputy of National Iranian Steel Company
Managing Director of National Iranian Steel Company appointed Ahmad Ahmadi as operation deputy of National Iranian Steel Company. According to the Public Relations of National Iranian Steel Company, this command states: “You will be appointed to this position with respect to your valuable experiences and commitment. It is also emphasized : May you be…
Iran Mercantile Exchange” witnessed trade of 2,792,668 tons of commodities”
During the past week Iran Mercantile Exchange (IME) witnessed trade of 2,792,668 tons of commodities with a total trading value of more than $649 million on its physical market. As reported by the IME’s Public Relations and International Affairs Department, the exchange saw on its metals and minerals trading floor trade of 2,217,411 tons…
Mobarakeh Steel Projects for Power Supply
Mohammad Yaser Tayebnia, Managing director of Mobarakeh Steel Company stated: One of our main measures in the current situation is to focus on developing projects that balance the steel chain and sustainability of production. Along with the steel chain, due to the limitations in the energy field, the first phase of the 914-megawatt combined…
The first meeting of the Localization committee and Development of Iron and Steel Chain Technology
The first meeting of the Localization committee and Development of Iron and Steel Chain Technology was held in the Organization for Scientific and Industrial Research, the International Science and Technology Park of the Islamic Republic of Iran. According to the Public Relations of National Iranian Steel Company, the main goal of this meeting was…
Iron ore set for weekly gains on China support measures
Iron ore futures rose on Friday, reversing earlier weakness and on track for weekly gains, as additional signs of a stabilising Chinese economy underpinned sentiment already buoyed on extra stimulus for the world’s biggest steel producer.The most-traded January iron ore on China’s Dalian Commodity Exchange ended daytime trade 2.1% higher at 889.50 yuan ($121.57)…
