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  • EghtesadOnline: The last fiscal (ended March 20, 2018) had its ups and downs, but it was propitious for major Iranian exchange-listed steelmakers.

  • EghtesadOnline: Iran’s steel industry needs about €22.1 billion ($27.4 billion) in new investment to achieve a target of 55 million tons/year of production capacity by 2025, the Iranian Steel Producers’ Association said in a report.

  • EghtesadOnline: Iranian steel mills produced 4.46 million tons of steel in the first two months of 2018, up 48.9% compared with last year’s similar period, according to the latest report released by World Steel Association.

  • EghtesadOnline: Major Iranian steelmakers exported 6.56 million tons of semi-finished and finished steel products during the first 11 months of the current fiscal year (March 21-Feb. 19), registering a 39% growth compared with last year’s corresponding period, the Iranian Mines and Mining Industries Development and Renovation Organization reported.

  • EghtesadOnline: Iran’s largest steel exporter Khouzestan Steel Company has successfully bought majority shares in a major mineral holding, moving toward self-sufficiency in the steel production chain.

  • EghtesadOnline: Iranian steelmakers exported 7.41 million tons of their products in the first 11 months of the current fiscal year (March 21-Feb. 19), registering a 52.2% year-on-year growth, the Iranian Steel Producers Association announced.

  • EghtesadOnline: At the behest of private producers and downstream users, the Ministry of Industries, Mining and Trade has banned price increases for all steel products at Iran Mercantile Exchange up until June 21.

  • EghtesadOnline: Who’s for a trade war? Apparently no one, except US President Donald Trump.

  • EghtesadOnline: Major Iranian steelmakers had a good run during the first 11 months of the current fiscal year (March 21-Feb. 19), as they unanimously posted double and some even triple-digit growth in their sales value.

  • EghtesadOnline: Iranian steel mills produced 1.98 million tons of steel in the first month of 2018, up 25.9% compared to last year’s similar period, according to the latest report released by World Steel Association.