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Iran iron

  • EghtesadOnline: Esfahan Steel Company inaugurated its iron ore beneficiation plant last week. According to ESCO’s deputy head, Hassan Zia, the beneficiation plant has a processing capacity of 200 kilograms of iron ore per hour.

  • EghtesadOnline: The significantly reduced availability of pig iron from Ukraine since late February has opened the door to the Italian market for alternative suppliers, India and Iran in particular.

  • EghtesadOnline: New gold, iron ore and molybdenum veins have been discovered in Qizil Uzan mineral zone located in the northwestern Ardebil Province, an official with the Iranian Mines and Mining Industries Development and Renovation Organization announced.

  • EghtesadOnline: Iran- and India-origin basic pig iron with a high manganese content has been offered to Italy, as Ukraine’s absence from the market since late February continues.

  • EghtesadOnline: Iran’s largest scrap car recycling plant was inaugurated in Zanjan Province last week.

  • EghtesadOnline: Limiting iron ore exports will weaken the already struggling domestic miners and cause Iran to lose its foothold in established export markets, the head of Iranian Mines and Mining Industries Development and Renovation Organization said.

  • EghtesadOnline: Iranian steelmakers raised about $102 million by selling Salaf contracts on Iran Mercantile Exchange during the 10 months to January 19, registering a 43% rise compared with last year’s corresponding period, according to IME chief, Hamed Soltani-Nejad.

  • EghtesadOnline: Iranian Mines and Industries Development Organization (IMIDRO) declared that a Japanese company has voiced its willingness to procure the technology for reducing the water consumption in Iran's direct reduced iron factories within the framework of the 10-billion-dollar agreement between Tehran and Tokyo.

  • EghtesadOnline: The Iranian government is considering whether to impose a 10% export duty on unprocessed iron ore, so as to promote the sale of value-added raw materials and steel products.

  • EghtesadOnline: Close to 400 million tons were added to Iran’s proven reserves of iron ore over the past one year, following the discovery of new deposits in the east of the country, said the head of Iranian Mines and Mining Industries Development and Renovation Organization.