Production of sponge iron in Iran rose by 5.4 percent during the first seven months of the current Iranian calendar year (March 21-October 22), according to the data released by the Iranian Steel Producers Association (ISPA).
News ID: 11188 Publish Date : 2023/11/16
Iran’s steel output was recorded at 39.46 MnT during the first 10 months of the current Iranian year (21 Mar'19 - 20 Jan'20) to register a Y-o-Y rise of 8.79%.
News ID: 8610 Publish Date : 2020/02/25
Nippon Steel Nisshin Co., Ltd. has decided to conduct banking of the No. 2 blast furnace at the Kure works around mid-Feb’20 and to focus on production of the No. 1 furnace, in order to improve production efficiency and further stabilize blast furnace operation. The reason for this is that both blast furnaces were operating at a low utilization rate due to a fire accident at the Kure Works in Aug’19, in addition to the deteriorating env iron ment for steel demand.
News ID: 8108 Publish Date : 2019/12/24
As per the SEAISI (South East Asia Iron and Steel Institute) data, ASEAN six countries that includes Indonesia, Thailand, Malaysia, Singapore, Philippines, and Vietnam, finished steel imports in H1 2019 have been recorded at 25 MnT, registering a growth rate of 5.6% against the growth of 2.8% in H1 2018.
News ID: 7352 Publish Date : 2019/11/05
Turkish steel consumption continues to lag significantly behind 2018, with exports also at risk of slowing significantly in the near term as protectionist measures bite, Turkish iron and steel producers' association secretary-general Veysel Yayan said today at an industry event in Istanbul.
News ID: 7286 Publish Date : 2019/11/06
Researchers at the University of Queensland’s Sustainable Minerals Institute published a study where they show that env iron mental, social and governance challenges have the potential to significantly impact the global supply of metals.
News ID: 6931 Publish Date : 2019/10/20
Thor Mining (AIM, ASX: THR) made public an updated mineral resource estimate for its flagship Molyhil project in Australia’s Northern Territory.
News ID: 6779 Publish Date : 2019/10/15
Indian state government-owned oil and gas company, Indian Oil Corporation Limited (IOC), is reportedly developing metal-air batteries that will produce energy by oxidising metals such as iron , zinc and aluminium. This is to forestall dependence on lithium imports once electric vehicles and renewable energy projects take off in a big way, said IOC chairman Sanjiv Singh.
News ID: 6656 Publish Date : 2019/10/14
In this case, a leading grey and ductile iron foundry experienced some defects. They specialise in producing automotive, agricultural, earthmoving and engineering castings for the global market. Previously they worked with a competitor’s inoculants and nodularisers. They experienced issues with machining their cast products.
News ID: 6653 Publish Date : 2019/10/10
Iranian Parliament Speaker Ali Larijani voiced his satisfaction over the current state of mutual cooperation between Tehran and Doha, specially in trade fields.
News ID: 6652 Publish Date : 2019/10/14
According to the latest reports, key industry officials of CISA (China Iron and Steel Association) in its annual midyear convention has highlighted that China’s is set to increase its efforts to keep in check the unwanted, polluting and substandard steel output in order to contain risks from excess capacity and promote high quality development in the steel industry.
News ID: 5720 Publish Date : 2019/08/05
Ma’anshan Iron & Steel Co., Ltd. (Masteel) in China has been investing in upgrading production facilities and has now awarded Fives a turnkey contract to revamp a continuous galvanizing line (CGL) to produce new quality coated products.
News ID: 5340 Publish Date : 2019/07/20
Iran traded 421,341 tons of non-oil goods worth $140.41 million with Afghanistan during the first Iranian month (March 21-April 20), registering a 7.48% and 18.49% decline in tonnage and value respectively compared with the year before, latest data released by the Islamic Republic of Iran Customs Administration show.
News ID: 4991 Publish Date : 2019/07/02
Indian domestic steel trade activities was not up to the mark during the week-17 (20-27th Apr'19). Meanwhile supply remains on average basis of Semis products, this in turn volatility in Sponge iron & Billet prices by INR 200-700/MT in major markets.
News ID: 4446 Publish Date : 2019/05/07
India's domestic sponge iron market opened today with a slight price fluctuation of INR 100-200/MT, offers have remained similar on weekly basis.
News ID: 4267 Publish Date : 2019/04/09
The company kept base prices unchanged for today's auction and nearly 10-11% material was booked.
News ID: 4237 Publish Date : 2019/04/08
Indonesia recently extended anti-dumping duty on flat rolled iron & steel products from seven countries namely India, China,Taiwan, Thailand, Kazakhstan, Russia and Belarus.
News ID: 4164 Publish Date : 2019/03/29
Nippon Steel, the world’s third largest steel manufacturer has set a target to raise its crude steel output to 11 MnT per quarter in the fiscal year starting from 1 April 2019. The average of estimated quarterly output for the ongoing financial year 2019 comes in at 10.3 MnT.
News ID: 3996 Publish Date : 2019/03/13
According to the reports, Taishan Steel Group Co, the only sizeable stainless producer in East China’s Shandong province has just started constructing an 800,000 tonnes per year stainless cold rolling mill adjacent to its existing stainless hot-rolling mill in Laiwu district, Jinan city of Shandong.
News ID: 3891 Publish Date : 2019/03/08
Iran’s non-oil trade with Azerbaijan stood at 702,062 tons worth $326.91 million during the nine months to Dec. 21 to register a 32.74% and 35.49% increase in tonnage and value respectively compared with last year’s corresponding period.
News ID: 3448 Publish Date : 2019/01/28