Iran Steel Market News

Esfahan Steel Company has produced 1,000 tons of UIC60 rails based on the latest international standards, the manager of the Rolling Engineering Department of ESCO said. “We were totally reliant…

Major Iranian steelmakers exported a total of 3.10 million tons of semi-finished and finished steel products during the first five months of the current fiscal year (March 21-Aug. 22) to…

The competitive ceiling for steel prices on the Iranian Mercantile Exchange is to be removed, according to a letter written by Deputy Industries Minister Jafar Sarqeini wrote to Hamed…

Iranian steel mills produced a total of 14.45 million tons of crude steel during the first seven months of 2018, up 23.6% compared with last year’s corresponding period, according to the latest…

A total of 3.38 million tons of finished and semi-finished steel products were exported from Iran during the first four months of the current fiscal year (March 21-July 22) to register a 32.64%…

A total of 15 million tons of iron ore concentrate were produced in Iran during the first four months of the current fiscal year (March 21-July 22) to register a 22% growth compared with last…

The Iranian steel industry was one of the main winners of the lifting of sanctions against Tehran in 2016. Now, with sanctions back in place, the industry’s future is at stake.

The…

Major Iranian steelmakers exported a total of 2.62 million tons of semi-finished and finished steel products during the first four months of the current fiscal year (March 21-July 22) to…

A total of 2.48 million tons of finished and semi-finished steel products were exported from Iran during the first three months of the current fiscal year (March 21-June 21) to register a 24.6%…

Esfahan Steel Company has produced the second batch of rails to be delivered to the Islamic Republic of Iran Railways.

The batch contains 1,000 tons of U33 rails as part of ESCO's…

Coming out of a prosperous year with rising sales and profits, Iranian steel companies had a slower growth in the first three months of the current fiscal year (March 21-June 21), but still…

First Vice President Es'haq Jahangiri accompanied by Minister of Industries, Mining and Trade Mohammad Shariatmadari inaugurated a development project at Saba Steel Complex in Isfahan Province…

Iranian steelmakers exported 1.62 million tons of their products during the first two months of the current fiscal year (March 21-May 21), registering a 28.7% year-on-year growth, the Iranian…

Iranian steel mills produced 10.14 million tons of crude steel during the first five months of 2018, up 24.3% compared with last year’s similar period, the latest report released by World Steel…

Iranian steelmakers produced a total of 7.66 million tons of semi-finished and finished steel products during the first two months of the current fiscal year (started March 21), registering a 13…

A total of 7.7 million tons of iron ore concentrate were produced in Iran during the first two months of the current fiscal year (March 21-May 21), to register a 27% growth compared with last…

Mansour Yazdizadeh has replaced Ahmad Sadeqi as the new managing director of veteran steelmaker Esfahan Steel Company. The new director has spent most of his professional career at ESCO.…

Esfahan Steel Company's major shareholder is planning to sell its stake in the veteran Iranian steelmaker and potential domestic and foreign buyers have already lined up, the managing director…

Major Iranian steelmakers exported 1.27 million tons of semi-finished and finished steel products during the first two months of the current fiscal year (March 21-May 21) to register a 25%…

Exporters of steel and other metal products from Iran henceforth need to submit "certificate of manufacture origin" to relevant authorities as per a recent directive issued by Minister of…

Iranian steel mills produced 8.12 million tons of crude steel during the first four months of 2018, up 27.6% compared with last year’s similar period, according to the latest report released by…

Iranian steelmakers exported 8.49 million tons of products during the last fiscal year (ended March 20, 2018), registering a 53.4% year-on-year growth, the Iranian Steel Producers Association…

Iran's largest state-owned mining holding and a consortium of steelmakers signed an agreement on Sunday to invest $1 billion in setting up an integrated steel production chain in Kurdestan…

Major Iranian steelmakers exported 420,944 tons of semi-finished and finished steel products during the first month of the current fiscal year (March 21-April 20) to register a 6% growth year-on…

Two iron ore processing plants were inaugurated on Sunday in a ceremony attended by President Hassan Rouhani and Minister of Industries, Mining and Trade Mohammad Shariatmadari.

The…