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Steel Output Up 13.7%

EghtesadOnline: Iranian steel mills produced 9.947 million tons of steel during the first half of 2017, registering a 13.7% growth compared with last year’s corresponding period, the latest report released by World Steel Association announced.
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Publish Date:22/July/2017 | 05:09

Shift to Exports Driving Steel Prices

EghtesadOnline: Steel prices have been on the rise in Iran since early this fiscal year (started March 21) on the back of changing local and global dynamics.
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Publish Date:18/July/2017 | 09:00

Flat Steel Import Demand in Iran Limited

EghtesadOnline: Buying activity in the Iranian flat steel import market was limited last week as prices continued to increase, supported by the upward trend in the global market.
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Publish Date:15/July/2017 | 10:35

Iranian Flat Steel Producers to Supply Total’s Project

EghtesadOnline: Iran’s consumption of flat steel is expected to increase rapidly as a result of an investment contract with a consortium led by French oil and gas company Total SA to develop Iran’s major South Pars Gas Field, S&P Global Platts reported citing comments made by Amirhossein Kaveh, secretary of Iranian Syndicate of Steel Pipe and Profile Manufacturers.
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Publish Date:12/July/2017 | 08:02

Iran Steel Exports Hit 1.5m Tons

EghtesadOnline: Major Iranian steelmakers exported 1.582 million tons of semi-finished and finished steel products during the first quarter of the current fiscal year (March 21-June 21), registering a 2% growth compared to last year’s corresponding period, Iranian Mines and Mining Industries Development and Renovation Organization reported.
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Publish Date:09/July/2017 | 04:58

Iranian Flat Steel Import Market Quiet as Offer Prices Move Upward

EghtesadOnline: The Iranian flat steel import market has been quiet over the past seven days, as most market participants were on a long weekend break to celebrate Eid al-Fitr, the holiday that marks the end of the Muslim fasting month of Ramadan.
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Publish Date:01/July/2017 | 09:32

Iran Steel Output Up 13%

EghtesadOnline: Iranian steel mills produced 8.159 million tons of crude steel in the five months to June 2017, registering a 13.1% growth year-on-year compared with last year’s corresponding period, according to the latest report released by World Steel Association.
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Publish Date:23/June/2017 | 17:14

Modest Interest in Iran's Imported Flat Steel

EghtesadOnline: Buying activity in the Iranian flat steel import market remained limited over the past week due to the traditional Ramadan slowdown, Metal Bulletin reported. As such, prices have not seen any significant change.
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Publish Date:17/June/2017 | 07:18

Iran 2025 Steel Vision Reviewed

EghtesadOnline: The Iranian steel industry is pushing ahead with its ambitious plan to become the world’s sixth largest steelmaker as per its 2025 Vision Plan. New crude steel and raw material output capacity are being added every year and production is following a growing trend.
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Publish Date:16/June/2017 | 08:44

Long Steel Capacity, Output Disproportionate

EghtesadOnline: Iran has high long steel production capacity, small output and low exports. The scenario for flats is the exact opposite, which is testament to Iran’s unbalanced steel sector.
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Publish Date:13/June/2017 | 08:26

Major Iranian Steelmakers’ Exports Shrink in 2nd Fiscal Month

EghtesadOnline: Major Iranian steelmakers exported 571,888 tons of semi-finished and finished steel products in the second month of the current Iranian year (April 21-May 21), registering a 24% drop compared with last year’s corresponding period.
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Publish Date:07/June/2017 | 09:41

Iran Flat Steel Importers Seek Lower Prices

EghtesadOnline: Iranian flat steel importers and traders were seeking lower prices to offset weakening sentiment in Iran’s domestic market.
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Publish Date:06/June/2017 | 11:33

Steel Expansion Plan Needs More Ferrosilicon

EghtesadOnline: Ferrosilicon production is an integral part of the steel industry and its downstream sectors. Iran is currently producing nearly enough of the raw material to feeds its furnaces, but the ambitious expansion plan it follows will require more and more of the alloy in the next few years.
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Publish Date:31/May/2017 | 09:56

Steel Export Target: 15m Tons per Year

EghtesadOnline: Iran's Industries, Mining and Trade Minister Mohammad Reza Nematzadeh said the government is targeting 15 million tons/year of steel exports during the sixth five-year development plan (ending March 2022), the Iranian Steel Producers Association announced.
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Publish Date:27/May/2017 | 07:29

Buying in Iranian Flat Steel Import Market Slows

EghtesadOnline: Buying activity in the Iranian flat steel import market slowed over the past week, with suppliers unwilling to pass on price rises to customers, sources told Metal Bulletin on Wednesday.
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Publish Date:20/May/2017 | 10:43