The government is set to oblige mine owners pay 1% of their revenues as tax to ameliorate the damage inflicted by their operations on the environment.

Naturally, miners are up in arms about…

The stock market acts like the economy’s barometer. From a slight movement in a company’s balance sheet to international stimuli, it detects and reacts to them all, whether they are already in…

With only days left to Iran’s presidential elections, the Ukrainian Embassy in Tehran held a gathering of Iranian and Ukrainian officials and businesses this week to discuss bilateral cooperation…

Although Iranian steelmakers are expanding capacity every year, production is not keeping pace.

The first major foreign investment project in the Iranian steel industry has come on stream.

The Italian Danieli Group’s steel machinery production plant was inaugurated on Tuesday by…

Issuing foreign currency denominated bonds is Tehran Stock Exchange’s top priority for the current fiscal year (March 2017-18).

TSE's CEO Hassan Qalibaf-Asl made the announcement during the…

The initial frenzy over Iran as a land of opportunity coming out of years of sanctions might have lost steam for foreigners seeking to tap into it, as the past two years since the nuclear deal…

After days of cold snaps, it was a sunny Wednesday morning at Neauphle-le-Chateau Street in downtown Tehran. The press had gathered at the French Embassy for a briefing on the country’s plans for…

The Supreme Labor Council agreed last week to determine the living wage and consider it as a base for setting the minimum wage next year.

The new Iranian year will begin on March 21, 2017…

Iran has hired an attorney and plans to fight the European Steel Association’s allegations that the country is engaging in dumping practices in the continent, according to deputy minister of…

Throughout history, the path to industrial development has been paved by steel industry. It has built up invaluable infrastructures, spearheaded technological development and spurred economic…

Tehran has seen more than a few new faces ever since the lifting of sanctions imposed on Iran over its nuclear energy program and the reopening of the country to global trade. 

To…

Steel import tariff rates have always been a sensitive issue for government officials and industry players. 

Raising the tariff bulwark gets steelmakers cheering for the newfound…

Tehran Stock Exchange’s main index marked its biggest decline in more than two months on Tuesday, after the benchmark took a 1.83% dive on November 9 after news broke that Donald Trump was elected…

The Iranian cement industry is in hot waters. It has recently been hit with the double whammy of loss of export markets and lack of domestic demand, causing producers to cut down on production…

Miners have had a rocky Iranian year (started March 20, 2016) so far.

When UN sanctions on Iran were lifted in January 2016, so was the chokehold on foreign investment and international…

Demand for aluminum has been growing at a fast pace, as it recorded a nearly 6% compound annual growth rate for 2000-15 and topped iron ore, the global commodity market’s most sought-after…

Iranian miners and the government are locked in a peculiar, strained relationship. 

Miners, most of whom belong to the private sector, hold that the government must act simply as a…

The Iranian government is on a fast track to tackle the issue of unprocessed mineral exports.

Various mineral processing plants are being established in rapid succession to create further…

The government plans to slap duties on unprocessed iron ore exports as of the next Iranian year (to start March 20, 2017). This is while the industry players contend that exports are their last…

Mobarakeh Steel Company’s new continuous casting machine was inaugurated by First Vice President Es’haq Jahangiri and the company’s managing director, Bahram Sobhani, last week in Isfahan Province…

Esfahan Steel Company’s rail production line was officially launched last week.

First Vice President Es’haq Jahangiri and Minister of Industries, Mining and Trade Mohammad Reza Nemtazadeh…

Experts argue that raising the tariff bulwark against steel dumping has been effective.

The Second International Exhibition on Pharmaceuticals and Related Industries (Iran-Pharma 2016), which opened on Wednesday in Tehran, was attended by high-ranking officials and over 400 industry…

The pharmaceutical industry is one of the promising sectors of the Iranian economy post-sanctions.