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Iranian Vice-President and Head of the Management and Planning Organization (MPO) Mohammad Baqer Nobakht said that the allocation of over $1.25 billion from the National Development Fund (NDF) to plans devised against US sanctions have led to the creation of around 250,000 jobs so far.
News ID: 6910    Publish Date : 2019/10/23

The Iranian Offshore Engineering and Construction Company (IOEC) is the second local company which has won exploration agreement with the National Iranian Oil Company (NIOC), as the country is showing more self-dependence in developing its oil industry after US sanctions.
News ID: 6906    Publish Date : 2019/10/23

All Iranian airports will be equipped with Integrated Flight Plan Processing System (IFPS) by the end of the current Iranian year (March 2020), says the director general of Iran Airports and Air Navigation Company's Air Traffic Control Bureau.
News ID: 6904    Publish Date : 2019/10/22

We are glad to share the performance metrics of our second quarterly e-magazine “Aluminium Industry 4.0: Drivers & Change Makers”. Not even a month yet since the magazine launched, but we are already overwhelmed with stupendous responses arriving from every nook and corner of the world. And thanks to the power of digital media where every outcome is measurable and transparent, we are delighted to find how our magazine has created a buzz over the internet.
News ID: 6899    Publish Date : 2019/10/23

Golar Power plans to distribute natural gas in the Amazon basin using excess capacity from its LNG-to-power project in Para state.
News ID: 6888    Publish Date : 2019/10/23

With the future development of the global foundry industry in mind, the foundry M-LIT Nikopol Tubing Armature Plant, Ltd is investing in the modernization of its plants.
News ID: 6873    Publish Date : 2019/10/22

A press release from the Aluminum Extruders Council confirms that the U. S. Department of Commerce has ruled that jalousie shutters exported from the Dominican Republic fall under the scope of the Aluminum Extruders Council trade orders against the Chinese aluminium extrusion industry . This is a key decision for the U.S. aluminium industry because these shutters are made from window frame aluminium extrusions imported from China.
News ID: 6834    Publish Date : 2019/10/22

SteelMint learned from industry participants that Bangladesh steel market has recently turned very active for bookings of bulk vessels of ferrous scrap, with a few new players also joining the bulk market, as the country is witnessing aggressive expansion spree in steel melting capacities.
News ID: 6819    Publish Date : 2019/10/08

Head of Iran’s most profitable petrochemical plant said foreign sanctions on the country’s petrochemical industry have ended in complete failure.
News ID: 6811    Publish Date : 2019/10/21

Urging the Indian automobile industry to focus on manufacturing electric vehicles, Nitin Gadkari, the Union Minister for Road Transport and Highways, said on Wednesday: “We have to make India the global hub of electric automobile manufacturing. This is difficult but not impossible.” The automotive industry should focus on the indigenous development of technology as well, opined the union minister at the launch of Bajaj Auto’s first electric scooter.
News ID: 6742    Publish Date : 2019/10/18

Venezuela's self-declared interim government has expanded its nominal administrative authority over the national oil industry with the naming of a parallel board of directors in exile that will hold its first meeting today.
News ID: 6734    Publish Date : 2019/10/18

Indian HRC bulk export shipments in September are estimated at around 616,000 MT, up from August export levels of 510,000 MT, a rise of over 20% m/m, based on data of 20 ports maintained by SteelMint.
News ID: 6709    Publish Date : 2019/10/04

Aluminium Stewardship Initiative (ASI) announced that International Bauxite, Alumina & Aluminium Society (IBAAS) has joined as an Associations member. This brings the total number of ASI Members to 102.
News ID: 6691    Publish Date : 2019/10/17

Tata Steel managing director TV Narendran believes the company's UK operations can be cash positive this year, despite the challenging market conditions facing the industry .
News ID: 6667    Publish Date : 2019/10/16

Government failure to make the UK business environment more competitive for its steelmakers could lead to the continual slow erosion of investment in the sector, industry association UK Steel's director-general, Gareth Stace, told Argus on the sidelines of the World Steel Association general assembly in Monterrey, Mexico.
News ID: 6661    Publish Date : 2019/10/15

Iranian Minister of Industry, Mine and Trade Reza Rahmani stressed that Washington's attempts to isolate the country have all proved useless, referring to Iran's temporary membership in the Eurasian Union.
News ID: 6607    Publish Date : 2019/10/10

The steel industry is facing tough times, not just in India but globally, on account of sluggish demand, over-supply and tight liquidity conditions. All the steel players in India, big and small are, consequently, feeling the heat.
News ID: 6599    Publish Date : 2019/09/28

Iranian Oil Minister Bijan Namdar Zangeneh reassured that his country has mastered the ways to circumvent the US bans on its crude exports, reiterating that Washington will be unable to inflict a serious damage on Tehran’s huge oil industry .
News ID: 6595    Publish Date : 2019/10/09

Australia's rapidly growing lithium industry has entered a much-needed consolidation phase brought about by sharply weaker concentrate prices and bottlenecks in the mainly Chinese downstream chemical conversion industry .
News ID: 6582    Publish Date : 2019/10/09

The Clausthal professors Heinz Palkowski, Karl-Heinz Spitzer, Harald Schmidt and Babette Tonn had invited to the metallurgical colloquium at the TU Clausthal.
News ID: 6579    Publish Date : 2019/10/04

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