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  • EghtesadOnline: After months of being taken over by a private consortium, Iran’s largest lead and zinc mine finally started operation on Tuesday, Iranian Mines and Mining Industries Development and Renovation Organization reported.

  • EghtesadOnline: Steel prices have been on the rise in Iran since early this fiscal year (started March 21) on the back of changing local and global dynamics.

  • EghtesadOnline: Buying activity in the Iranian flat steel import market was limited last week as prices continued to increase, supported by the upward trend in the global market.

  • EghtesadOnline: Iran’s consumption of flat steel is expected to increase rapidly as a result of an investment contract with a consortium led by French oil and gas company Total SA to develop Iran’s major South Pars Gas Field, S&P Global Platts reported citing comments made by Amirhossein Kaveh, secretary of Iranian Syndicate of Steel Pipe and Profile Manufacturers.

  • EghtesadOnline: Iran's top engineering and energy enterprise MAPNA Group on Monday unveiled an improved design of a gas turbine for use in domestic power stations as well as a major power project in the southern Iraqi city of Basra.

  • EghtesadOnline: Major Iranian mining companies produced 84.89 million tons of mineral products during the first quarter of the current fiscal year (March 21-June 21), registering a 9.49% growth compared to last year’s corresponding period, according to the Iranian Mines and Mining Industries Development and Renovation Organization’s latest report.

  • EghtesadOnline: Major Iranian steelmakers exported 1.582 million tons of semi-finished and finished steel products during the first quarter of the current fiscal year (March 21-June 21), registering a 2% growth compared to last year’s corresponding period, Iranian Mines and Mining Industries Development and Renovation Organization reported.

  • EghtesadOnline: Deputy Industries Minister Mehdi Karbasian, who is also chairman of the Iranian Mines and Mining Industries Development and Renovation Organization, recently exchanged views on a wide range of mining issues.

  • EghtesadOnline: For the fifth time, Iran Privatization Organization failed to attract a buyer for an equity stake of Esfahan Steel Company.

  • EghtesadOnline: About 2,100 tons of zinc ingots valued at $5 million were exported from Hormozgan Province to Europe and East Asia during the first quarter of the current fiscal year (started March 21), indicating a 23% and 53% growth in volume and value respectively compared with last year’s corresponding period, Chairman of Hormozgan Industries, Mining and Trade Organization Khalil Qasemi said.