News List

Rio Tinto and GravitHy join forces to accelerate the decarbonisation of steelmaking in Europe

 Rio Tinto has entered into definitive agreements with GravitHy, an early-stage industrial company, to help accelerate GravitHy’s steel decarbonisation project in France. As part of this collaboration, Rio Tinto will supply high-grade direct reduction iron ore pellets from its Iron Ore Company of Canada (IOC) operations to GravitHy’s planned operation, as well as manage…

Environmental Permission for the SBQ Project of Miyaneh Steel Complex Issued

According to the Public Relations of the National Iranian Steel Company, Dr. Ghobadi, Managing Director of this company, while congratulating the mentioned permit, underlined the importance of the accurate and operational implementation of the comprehensive environmental management document and appreciated the full support of Dr. Esmaeeli, Dr. Abdollahi, the honorable members of the Islamic…

European steelmakers call for restrictions on scrap exports

European steelmakers are calling on the European Commission to limit scrap exports so that the bloc can achieve its sustainable development goals and maintain industrial competitiveness. The European Steel Association (EUROFER) reiterated that scrap is a strategic secondary raw material for the European steel industry, as it contributes to the achievement of environmental goals…

Aghajanlou Emphasized on Imidro’s Full Support for Kurdistan Steel Development Projects

‎ Engineer Mohammad Aghajanloo during a visit to the construction plan of ‎‎the Bijar sponge iron‎‎ factory, stated: “Imidro will provide financial support until the completion of this Mega module (‎‎Bijar sponge iron‎‎) as well as the chain projects of the Kurdistan Steel Industries Company until its full operation.” ‎ ‎ He continued: “The…

Pakistan and Russia to discuss revival of Steel Mill

Online talks next week set to pave the way for modernizing Pakistan Steel Mills, with a Russian delegation to visit for further assessments.  Sindh Chief Minister Murad Ali Shah has announced that efforts to revive Pakistan Steel Mills (PSM) are progressing, with a key online meeting scheduled next week between Pakistani experts and Russian…

Behabad Yazd pelletizing plant, is on the eve of operation/4 million tons

Behabad Pelletizing Plant with a capacity of 4 million tons per year will be put into operation and producing the final product very soon, after final tests. ‎Ahmad Sadeghian, Managing Director of Ghadir Iranian Iron and Steel Company, stated in an interview with  ‎‎Chilan‎‎: “At the moment, preliminary measures have been taken to start…

Iron ore prices down 3% since the beginning of November

Weak economic signals from China continue to put pressure on iron ore prices Since the beginning of November 2024, iron ore futures on major Asian exchanges have been declining, reflecting global economic trends and expectations of stimulus measures from China. In particular, January futures on the Dalian Commodity Exchange fell by 3.3% – to…

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