EghtesadOnline: Iranian steel mills produced 13.44 million tons of steel from the beginning of January this year up to the end of August, registering a 15.7% growth compared with last year's corresponding period, the latest report released by World Steel Association shows.
EghtesadOnline: Over 24,640 meters of underground mining exploration were undertaken in the last fiscal year (ended March 20, 2017) by Iran Minerals Production and Supply Company, IMPASCO’s head of exploration operations said.
EghtesadOnline: The government has turned to various experts for assessing the steel industry’s status quo and analyzing its expansion program’s progress and shortcomings in the last few years.
EghtesadOnline: The Iranian steel industry’s effective push toward exports has helped Esfahan Steel Company bolster its presence overseas, the company’s head of sales and marketing announced.
EghtesadOnline: Iran exported more than 26.44 million tons of mineral products worth over $3.62 billion during the first five months of the current Iranian year (started March 21), registering a 5.3% and 1.1% growth in tonnage and value respectively compared with last year's corresponding period.
EghtesadOnline: A new steel production plant has become operational in Ardakan, Yazd Province, in central Iran.
EghtesadOnline: The Ministry of Industries, Mining and Trade is considering the introduction of new contracts similar to Iran’s new oil deals for handing over Iranian mines to foreign investors for modernization and development.
EghtesadOnline: About 15-20% of all Iranian industrial units are facing recession, the industrial affairs deputy with the Ministry of Industries, Mining and Trade said.
EghtesadOnline: Khouzestan Steel Company exported more than 1.22 million tons of steel products in the first five months of the current Iranian year (started March 21), registering an 81.4% increase compared to last year’s corresponding period, KSC’s exports manager said.
EghtesadOnline: Just observing an open session of the parliament or listening to a government official talking about trade could get anyone thinking that there is an essential moral quality to imports or exports.