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August 12,2018
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 year’...
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August 11,2018
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 nuclear deal,...
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August 07,2018
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 register a...
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July 30,2018
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%...
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July 25,2018
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 commitment to...
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July 16,2018
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 managed...
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July 10,2018
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 on...
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June 24,2018
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 Steel...
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June 23,2018
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...
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June 19,2018
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%...
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June 12,2018
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 year’...
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June 11,2018
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. Yazdizadeh...
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June 10,2018
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 of...
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June 08,2018
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% growth...
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May 28,2018
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...
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May 26,2018
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 the...
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May 15,2018
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 said...
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May 14,2018
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 Province...
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May 12,2018
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-...
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May 06,2018
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 projects...
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April 30,2018
A 4.06% stake in Iran’s largest steelmaker Mobarakeh Steel Company has been scheduled to be sold by Saba Tamin Investment Company on May 5.
The sale comprises 3.04 billion shares with a base price...
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April 25,2018
Iranian steel mills produced 6.8 million tons of crude steel in the first quarter of 2018, up 47% compared with last year’s similar period, according to the latest report released by World Steel...
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April 24,2018
Khouzestan Steel Company, Iran’s largest exporter of semi-finished steel products, intends to integrate its production and is negotiating to buy local plate producer Oxin Steel, a company source...
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April 23,2018
The foreign exchange market recently went in a frenzy, with the rial losing its value against the US dollar on a daily basis.
The government had to intervene to bring back stability by fixing USD...
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April 21,2018
In its latest report titled “Short Range Outlook for 2018-19”, the World Steel Association (Worldsteel) forecasts that Iranian steel demand will increase by 5.5% to 21.05 million tons by the end of...