News List
nippon steel to promote use of green steel at wind farms
Nippon Steel Corporation (Nippon Steel), Nippon Steel Trading Corporation (Nippon Steel Trading) and Siemens Gamesa Renewable Energy K.K. (Siemens Gamesa) have signed a Memorandum of Understanding (MoU) on March 29th, 2024 to jointly study promoting NSCarbolex™ Neutral, a green steel* supplied by Nippon Steel that applies mass balance approach for wind farm turbine towers…
Movasaghi nia appointed Mohammad Ghobadi Samani as the Managing director of National Iranian Steel Company
According to the Public Relations of National Iranian Steel Company, the ceremony was regarding the reverence of Mohammad Aghajanloo and introducing Mohammad Ghobadi Samani as the new Managing director. Movassaghi nia while thanking and appreciating the valuable actions of Mohammad Aghajanloo , stated: National Iranian Steel Company is a major brand that needs to…
Chinese steel prices show mixed trends ahead of Labour day holidays
China’s steel prices showed a mixed trend this week. Domestic prices of HRC, rebar, coking coal and billets decreased significantly, while prices of iron ore remained stable. However, HRC export prices increased. The China Iron and Steel Association (CISA) reported total steel inventory of key enterprises in mid-April 2024 at 18.116 million tonnes (mnt),…
The first meeting of the managers of public relations and honoring top public relations managers of seven provincial steel projects was held
According to the Public Relations of National Iranian Steel Company,in the mentioned meeting Mesforoush, head of the Board of Directors of National Iranian Steel Company, Amidi, Director of Media and Communication Office of the Ministry of industry,mine &trade, Faraji Deputy of Finance and Human Resources Development of the company, Yazdani, Deputy of Media and…
Brazil iron ore exports seen surging in 2024 if rivers stay high
Brazil’s Corumba region could more than double iron ore shipments through neighboring Uruguay this year if there is enough water in the rivers, according to one of the biggest logistics companies on the Paraguay- Paraná Hidrovia system. Miners have told Navios South American Logistics they could ship eight million to 10 million tons of…
Minister calls for establishing secretariat of Iran-Africa Economic Cooperation Conference
Iran’s Minister of Industry, Mine, and Trade Abbas Aliabadi has stressed the significance of “win-win trade” with African nation, urging the need for establishing the secretariat of Iran-Africa Economic Cooperation Conference in his respective ministry. Aliabadi made the remarks addressing the second edition of the International Iran-Africa Economic Conference in Tehran on Friday. He…
Iran Expo 2024 kicks off in Tehran
Some 2,000 traders and businessmen from 85 different countries are participating in the 6th International Export Potential Exhibition of the Islamic Republic of Iran (Iran Expo 2024) which kicked off in Tehran on Saturday. Addressing the opening ceremony, President Ebrahim Raisi described sanctions as a symbol of oppression. Sanctions are a kind of war,…
Dalian iron ore extends gains on China demand hopes, profit-taking caps rise
Dalian iron ore futures prices extended their rise for a second straight session on Thursday, supported by lingering demand hopes in top consumer China, although some profit taking limited gains. The most-traded September iron ore contract on China’s Dalian Commodity Exchange (DCE) ended daytime trade 1.03% higher at 879.5 yuan ($121.36) a metric ton,…
Europe’s steel industry needs hydrogen for decarbonization
The main steel projects in the region will be ready to use hydrogen by 2026-2027 Europe’s steel industry needs 5 million tons of hydrogen per year to decarbonize its operations, said Axel Eggert, CEO of the European Steel Association (EUROFER), at a specialized conference in Poland, Kallanish reports. He noted that major steel projects…
Iron ore weakens amid waning China stimulus hopes, high portside stocks
Iron ore futures prices ticked lower on Monday, weighed down by diminishing hopes of more stimulus in top consumer China, high portside stocks, and risks of possible government intervention after a price rally last week. The most-traded September iron ore contract on China’s Dalian Commodity Exchange (DCE) ended daytime trade 0.06% lower at 866.5…
