Iran is expected to witness significant expansion in its pelletizing capacity in the coming years as local steel mills strive to balance their existing production chains, feed new DRI (direct reduced iron) plants and increase their cost advantage.
News ID: 525 Publish Date : 2016/08/13
Iran plans to become the world’s 6th largest producer of steel as per the 20-Year National Vision Plan, which stipulates annual capacity expansion of 55 million tons of crude steel by 2025.
News ID: 524 Publish Date : 2016/08/11
Iran plans to stop non-agglomerated iron ore shipments exports in the near term given the need of local steelmakers and the declared aim to increase export of high value-added products. Market insiders, however, are rather skeptical about the success of the move.
News ID: 522 Publish Date : 2016/08/11
Iran and Afghanistan have reached a preliminary agreement to use Chabahar Port as a trade hub with customs procedures both pertaining to shipment costs and time of clearance.
News ID: 517 Publish Date : 2016/08/09
Iran is among countries the European Union has threatened to hit with tariffs to check their exports of hot-rolled flat iron and alloy and non-alloy steel products to the continent.
News ID: 514 Publish Date : 2016/08/09
Iran is actively working over the balancing of steel production chain by expanding upstream segments to feed the future needs of the industry.
News ID: 513 Publish Date : 2016/08/08
Over the first three months of 2016, Iran produced 3.7 million tons of direct-reduced iron, outpacing India, with 3.6 million tons, which was formerly holding the leading position in the world, the World Steel Association declared.
News ID: 512 Publish Date : 2016/08/07
Indian steel and energy company Jindal Steel and Power Limited says it will ship head hardened rails – a specialty finished steel product – to Iran .
News ID: 509 Publish Date : 2016/08/07
Local companies are planning to use the boom expected in Iran ian industries and expand steel rolling capacities, which will increase competition inside the country and put pressure on foreign suppliers.
News ID: 501 Publish Date : 2016/08/05
Despite the fact that Iran ’s steel industry has changed significantly over the years of international isolation, the major transformation is still on the way as there is a bold plan to triple steel output to 55 million tons per year by 2025.
News ID: 498 Publish Date : 2016/08/05
This year Iran expects to see a significant increase in construction budget, which will lead to the revival of the sector.
News ID: 496 Publish Date : 2016/08/05
Outotec has been awarded a contract by Shangdong Province Metallurgical Engineering Co., Ltd. (SDM) for the delivery of process equipment to the Iron Concentrate Project Sangan in North-Eastern Iran .
News ID: 487 Publish Date : 2016/07/28
Iran seeks to increase its share of global ferrochrome markets in light of China cutting down on production capacities in some of its industrial sectors, including ferrochrome, and the country’s need to import the alloy, said Mohammad Reza Pirhassanlou, managing director of Joghatai Ferrochrome Complex.
News ID: 486 Publish Date : 2016/07/27
Together with its subsidiaries, Mobarakeh Steel Company is Iran ’s largest steelmaker and flat steel producer, accounting for approximately 50% of the country’s total steel output and holding the same share of flat steel consumption.
News ID: 485 Publish Date : 2016/07/26
Iran is the second leading producer of lead and zinc in the Middle East and North Africa region after Turkey, according to a report recently published by the US Geological Survey on Iran ’s nonfuel minerals.
News ID: 476 Publish Date : 2016/07/24
Mobarakeh Steel Company plans to expand steel production capacity by more than 10 million tons per year by the end of November, the managing director of MSC said.
News ID: 475 Publish Date : 2016/07/24
Iran is the second leading cement producer in the Middle East and North Africa, and is the world’s seventh largest producer of the industrial material.
News ID: 474 Publish Date : 2016/07/23
Demand for fixed-income securities is high among Iran ian investors, as decreasing deposit rates leave bonds as the only high yield investment.
News ID: 473 Publish Date : 2016/07/22
Iran is the leading iron ore and direct-reduced iron producer, and the second biggest steelmaker after Turkey in the Middle East and North Africa region, the US Geological Survey reported in a recent report on Iran 's nonfuel minerals.
News ID: 471 Publish Date : 2016/07/21
Iran is the leading copper producer in the Middle East and North Africa region.
News ID: 470 Publish Date : 2016/07/21