Ubar Mining International LLC, a newly established Omani company, has acquired a 70% stake in an Iranian antimony mine.
News ID: 395 Publish Date : 2016/06/21
China’s NFC and Power China companies have expressed interest in making investment in Iran’s mining and mineral industries’ development projects.
News ID: 370 Publish Date : 2016/06/11
The 4th CSB-Compact Sizing Block with M2 Multiple drive technology lands in Germany after the successful installation in Italy and China
News ID: 355 Publish Date : 2016/06/09
During separate meetings announced:
DAELIM Corporation, a South Korean firm, is willing to invest in Iran’s mining industries and infrastructure affairs sectors and a Chinese company, RDI, is willing to buy brines from Iran, during separate meetings with Chairman of the board of IMIDRO, they announced.
News ID: 332 Publish Date : 2016/05/31
The Iranian steel industry’s path to growth is influenced by factors, such as the global steel supply, iron ore prices, import tariffs and the prevailing political climate.
Most of these determinants have taken a turn for the better during the past few months, except for import tariff rates that remain a debatable issue between steelmakers and the government.
News ID: 295 Publish Date : 2016/04/28
The biggest aluminium ingot producer in Iran "IRALCO (Iranian Aluminium Co.)" signed an agreement with NFC China for renovation of production lines 4 and 5.
News ID: 286 Publish Date : 2016/04/19
Iran’s iron ore prices, on the decline for most of the past year, have started to regain their momentum, reaching $54.5 per ton last week, which is $2.3 higher than the prices on April 7.
News ID: 282 Publish Date : 2016/04/18
The World Steel Association (worldsteel) on wedensday (Apri13)released its Short Range Outlook (SRO) for 2016 and 2017. worldsteel forecasts that global steel demand will decrease by -0.8% to 1,488 Mt in 2016 following a contraction of -3.0% in 2015. In 2017, it is forecast that world steel demand will return to growth of 0.4% and will reach 1,494 Mt.
News ID: 279 Publish Date : 2016/04/17
The easing of international commercial sanctions against Iran is likely to boost both the country’s exports of non-ferrous metals and ores, well as foreign investment in the sector, MetalBulletin reported.
News ID: 278 Publish Date : 2016/04/16
A surprise spike in iron ore prices this year is shaking out fresh supplies of the steelmaking raw material, but some miners say it is too soon to aggressively restart production shuttered by a years-long price rout.
News ID: 259 Publish Date : 2016/04/02
Throughout history, the path to industrialization has been paved with steel, and Iran, as a country with an emerging economy in need of bolstering its industries, has put the development of the steel sector on top of its agenda.
News ID: 238 Publish Date : 2016/02/15
Iran has a lot to boast about when it comes to the steel industry. The country possesses some of the world’s largest mineral reserves with close to 2.7 billion tons of iron ore. It is blessed with the world’s largest gas reserves and enjoys a large engineering workforce.
News ID: 234 Publish Date : 2016/02/09
Mintal Group is a large Sino-foreign joint venture manufacturing special ferroalloy and stainless steel. Its shareholders include China Minmetal Corporation and Goldman Sachs. The Group is established in 2005 with headquarter in Baotou, Inner Mongolia, and branches in Beijing, Tianjin, Hong Kong, and South Africa, and more than 1200 employees. Its total asset is up to 3,000,000,000 RMB.
News ID: 176 Publish Date : 2016/01/07
Outotec has agreed with Mintal Group on the design and delivery of a ferrochrome plant for Mintal in Baotou, China. This is Outotec's second ferrochrome plant delivery for Mintal, and a third altogether in China. The contract value exceeds EUR 25 million and has been booked in Outotec's 2015 fourth quarter order intake.
News ID: 175 Publish Date : 2016/01/07
Iron ore fell to a record low on a spot price basis this week. On Friday the Northern China 62% Fe import price including freight and insurance (CFR) managed to lift 10c off the record low to trade at $43.50 a tonne, down more than 12% in a month. Caption : Bottom fishing in Tianjin - pricing point for seaborne iron ore
News ID: 91 Publish Date : 2015/11/30
