Economy

Tags - Economy
Iranian Oil Minister Bijan Namdar Zanganeh highlighted the ineffectiveness of US sanctions against the Islamic Republic’s oil sector and said attempts aimed at blocking Iran’s oil industry have gotten nowhere.
News ID: 6747    Publish Date : 2019/10/20

Steel market participants are far from optimistic that China will significantly boost its economic stimulus after the country's GDP growth rate fell to 6pc during July-September, still within Beijing's target of 6-6.5pc growth for this year.
News ID: 6729    Publish Date : 2019/10/18

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

China's new-vehicle market has contracted for the 15th straight month, with sales declining 5.2 percent from a year earlier to 2.27 million in September, as the nation’s weakening economy continues to weigh on light vehicle demand.
News ID: 6657    Publish Date : 2019/10/15

Head of Iran’s Nanotechnology Initiative Council (INIC) Saeed Sarkar underlined the country's huge progress in manufacturing and exporting nanotechnology products.
News ID: 6644    Publish Date : 2019/10/12

Iran’s economy is expected to contract further by 8.7% in 2019-20 due to external shocks to oil and gas output.
News ID: 6634    Publish Date : 2019/10/12

Integrated steelmaker US Steel is working to transform itself as it takes the plunge into scrap-fueled electric arc furnace (EAF) steel production, at a time when the steel market is slowing along with the global economy in the face of trade-war headwinds.
News ID: 6619    Publish Date : 2019/10/11

Numerous entrepreneurs and experts exchanged views in Nuremberg last week at the 2nd Silk Road Congress and discussed new opportunities.
News ID: 6578    Publish Date : 2019/10/08

Iran exported more than $60 billion worth of non-oil goods during the past one and a half years, Iran's Economy Minister Farhad Dejpasand said.
News ID: 6574    Publish Date : 2019/10/08

Iranian First Vice-President Eshaq Jahangiri said that despite the US government’s severe sanctions against the country, the Islamic Republic’s economy is moving toward a better and more stable situation.
News ID: 6569    Publish Date : 2019/10/08

Governor of the Central Bank of Iran (CBI) Abdolnasser Hemmati announced that his country’s national currency the rial has regained over 40 percent of its value, to Washington’s disappointment as the US is trying to damage Tehran’s economy with unilateral sanctions.
News ID: 6561    Publish Date : 2019/10/06

This week global billet market observed few deals in SE Asia. Rest all prime markets remained silent. SteelMint tried to scrutinize the trade silence in prime markets other than SE Asia and learned dipping global scrap prices and slow down in the global economy are the prime reason for this fall.
News ID: 6374    Publish Date : 2019/08/31

Latest reports show that Iran’s economy has found its way under pressures with increase in stock exchange market, 16 months after US President Donald Trump unilaterally withdrew from nuclear deal and imposed Washington’s unilateral sanctions against Tehran.
News ID: 6275    Publish Date : 2019/08/29

Donya-e-Eqtesad Media Group, the parent company of Financial Tribune, will formally unveil its web television named “EcoIran” on Monday in the presence of policymakers, economists and private sector businesspeople.
News ID: 6151    Publish Date : 2019/08/24

South Korea is focusing on petrochemical investments to support its export-reliant economy, which has been hit by a trade war with Japan.
News ID: 6119    Publish Date : 2019/08/22

Global ferrous scrap market observed very limited activities this week as Eid holidays kept participants away resulting in softening or stability in almost all major markets. Turkey, Dubai, Pakistan, Bangladesh and Indonesia remained sidelines while Indian market awaits for stimulus to the economy. US scrap suppliers look for upward movement in coming days while Japanese scrap prices remained flat on Obon festivity and trade tensions with South Korea.
News ID: 6052    Publish Date : 2019/08/19

China's refusal to buckle under US tariff threats is creating increasing strains on the oil market and global economy
News ID: 5877    Publish Date : 2019/08/12

Iran’s non-oil exports excelled the country’s imports in the first quarter of the Iranian calendar year starting March 21, as authorities reported a trade surplus of around $1.5 billion.
News ID: 5811    Publish Date : 2019/08/07

We were right. At the beginning of the year, in the January edition of the Gold Market Overview, we wrote that “2019 fundamental outlook for the gold market is better than one year ago”. The quote below will give you full insight into our predictions at that time:
News ID: 5745    Publish Date : 2019/08/05

Inflation rate (the increase in consumer prices besides those of the producer), as one the main economic indices, has skyrocketed during the past recent year, i.e. as of the US withdrawal from the JCPOA, May 8, 2018.
News ID: 5677    Publish Date : 2019/08/02

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