EghtesadOnline: Iranian steelmakers exported 6.55 million tons of steel during the first 10 months of the current fiscal year (March 21, 2017-Jan. 20), posting a 48% year-on-year growth, according to the Iranian Steel Producers Association.
EghtesadOnline: Domestic equipment manufacturers will have a 30% share in the contract with Turkish energy and construction company Unit International, which is commissioned to build two power plants in Iran, the deputy for planning at the Thermal Power Plants Holding Company said.
EghtesadOnline: Iranian export billet prices went up by $5-15 per ton on an FOB basis in the week that ended Feb. 21 with higher offers being accepted by customers.
EghtesadOnline: A serious hurdle impeding renewable projects is non-allocation of the tax levied on electricity subscribers to wind and photovoltaic initiatives.
EghtesadOnline: In line with efforts to minimize blackouts in the capital, wastage in Tehran's electricity grid has been cut from 9.3% to 3.2% in four years, the chief executive officer of Tehran Province Electricity Distribution Company said.
EghtesadOnline: Iranian steelmakers produced 34.7 million tons of steel during the first 10 months of the current fiscal year (March 21-Jan. 20) to register a 14.3% growth compared with last year’s corresponding period.
EghtesadOnline: Iranian petrochemical production in the first 10 months of the current fiscal year (March 21, 2017- Jan. 20) exceeded 44 million tons, the portal of the National Petrochemical Company said in a report.
EghtesadOnline: Iranian firms have the capacity to provide up to 70% of equipment needed by South Pars Phase 11, which is due to be developed by France’s Total and its partners, chairman of the board of directors of Iranian Petroleum Industries Equipment Manufacturers Association said.
EghtesadOnline: The Iranian steel industry’s path to its 2025 capacity expansion goals has proven to be a bumpy one, with new challenges surfacing every year.
EghtesadOnline: The Energy Ministry has launched plans to establish 40 small-scale power plants with distributed generation systems in the northern provinces of Mazandaran and Golestan with the help of the private sector, an energy official said.