EghtesadOnline: Tehran stock market closed the first weekly session on Saturday slightly lower amid a sell-off of major refinery shares.
EghtesadOnline: Esfahan Steel Company (ESCO) has signed an agreement with Tehran Metro Company for providing 800 tons of rails to boost the development of urban and intercity railroads.
EghtesadOnline: Despite the 25% customs duty imposed on the export of iron ore, the export of raw materials used in steelmaking is continuing and the duties have not discouraged exporters at all, the managing director of Esfahan Steel Company said.
EghtesadOnline: Esfahan Steel Company (ESCO) has handed over the first batch of domestically produced 60E1 (UIC60) rails to the Construction and Development of Transportation Infrastructure Company.
EghtesadOnline: Esfahan Steel Company is currently operating at around half its nominal production capacity and needs about 6.5 million tons of iron ore lumps and metallic materials to operate at full capacity, the company’s deputy head said.
EghtesadOnline: Operations to transfer wastewater from Zarrin-Shahr in Isfahan Province to Esfahan Steel Company has started, managing director of the third-largest steelmaker metal said.
EghtesadOnline: Esfahan Steel Company has produced 1,000 tons of UIC60 rails based on the latest international standards, the manager of the Rolling Engineering Department of ESCO said.
EghtesadOnline: Esfahan Steel Company has produced the second batch of rails to be delivered to the Islamic Republic of Iran Railways.
EghtesadOnline: The long wait finally came to an end when Esfahan Steel Company supplied the Islamic Republic of Iran Railways with the first batch of domestically produced rails on Sunday.
EghtesadOnline: Mansour Yazdizadeh has replaced Ahmad Sadeqi as the new managing director of veteran steelmaker Esfahan Steel Company. The new director has spent most of his professional career at ESCO.