EghtesadOnline: Thailand is currently the world’s fourth largest importer of steel and Iran is gradually becoming a major exporter to the Southeast Asian market.
EghtesadOnline: Iran's Industries, Mining and Trade Minister Mohammad Reza Nematzadeh said the government is targeting 15 million tons/year of steel exports during the sixth five-year development plan (ending March 2022), the Iranian Steel Producers Association announced.
EghtesadOnline: Iran Aluminum Company has opened a new billet production plant with a 50,000-ton/year output capacity.
EghtesadOnline: Major Iranian mining companies produced 2.98 million tons of iron ore concentrate during the first month of the current fiscal year (ended April 20), registering a 64% growth compared with last year’s corresponding period, Iranian Mines and Mining Industries Development and Renovation Organization reported on its website.
EghtesadOnline: Buying activity in the Iranian flat steel import market slowed over the past week, with suppliers unwilling to pass on price rises to customers, sources told Metal Bulletin on Wednesday.
EghtesadOnline: Major Iranian mining companies produced 28.02 million tons of mineral products during the one-month period ending April 20, indicating a 13% growth compared with last year’s similar period, according to the Iranian Mines and Mining Industries Development and Renovation Organization’s latest report.
EghtesadOnline: Steelmakers exported 359,572 tons of semi-finished and finished steel products, including billet, bloom, slab, rebar, beam and coil, in the first month of the current fiscal year ending April 20, indicating an 83% growth compared with last year’s corresponding period, Iranian Mines and Mining Industries Development and Renovation Organization reported.
EghtesadOnline: Although Iranian steelmakers are expanding capacity every year, production is not keeping pace.
EghtesadOnline: More than 19,000 industrial projects launched by previous governments have been completed with more than 710 trillion rials ($19 billion) of investment under President Hassan Rouhani’s administration, which created 302,000 direct jobs, according to the Ministry of Industries, Mining and Trade.
EghtesadOnline: The outlook for the production and exports of Iran’s semi-fabricated copper products was presented by Saad Abdi, the National Iranian Copper Industries Company’s planning and supervision manager, at the 48th meeting of the International Copper Study Group in Portugal late last year.