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MSC Unmoved by Eurofer’s Dumping Allegations

EghtesadOnline: Iran’s largest producers of flat steel is nonchalant in the face of European threats to limit Iranian steel imports, as Mobarakeh Steel Company enjoys a diverse range of products and export destinations.
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Publish Date:15/March/2017 | 06:25

Iranian Steelmaker to Start Rebar Export

EghtesadOnline: Iranian steel producer Bafgh Mineral Complex Iron and Steel Industry Company, otherwise known as B-MISCO, plans to enter the export segment.
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Publish Date:09/March/2017 | 17:07

The Discreet Charm of Gas for Iranian Steel

EghtesadOnline: Iran’s huge gas reserves have been a boon to the domestic steel industry. For years, Iranian steelmakers have relied on cheap gas feedstock to boost production using direct-reduced iron, believing Iran’s energy advantage compared to other global rivals is the key to higher value-added for the industry, both in steel production and raw material exports.
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Publish Date:01/March/2017 | 13:19

Iran to Challenge Europe on Steel Dumping Allegation

EghtesadOnline: Iran has hired an attorney and plans to fight the European Steel Association’s allegations that the country is engaging in dumping practices in the continent, according to deputy minister of industries, mining and trade, Mehdi Karbasian.
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Publish Date:21/February/2017 | 14:30

Iranian Suppliers Seek Higher Billet Price

EghtesadOnline: Iranian producers managed to sell significant volumes of steel billet to foreign customers by offering discounts.
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Publish Date:20/February/2017 | 15:54

No Buyers for Imported Flats

EghtesadOnline: Iranian customers still prefer local flat steel and show little interest in buying the imported stuff.
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Publish Date:12/February/2017 | 10:33

Steel, Iron Ore Producers Raise $102m at IME

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.
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Publish Date:10/February/2017 | 14:35

Iranian Gov't Cuts Flat Steel Import Duties by 50%

EghtesadOnline: The Iranian government has finally caved in to pressure by the private sector calling for reduction of import duties on flat steel products due to local producers’ inability to meet downstream demand.
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Publish Date:08/February/2017 | 11:29

Iran’s Steel Exports Top 4.4m Tons in 10 Months

EghtesadOnline: Iranian steelmakers exported more than 4.4 million tons of crude steel and steel products during the 10 months to January 19, registering a 45% growth compared with last year’s corresponding period, according to the Iranian Mines and Mining Industries Development and Renovation Organization.
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Publish Date:05/February/2017 | 05:55

Iran Crude Steel Output Rises 10.8%

EghtesadOnline: Iranian steel mills produced 17.89 million tons of crude steel in 2016, registering 10.8% growth compared to the year before, according to a preliminary report sent by the World Steel Association to its members, including the Iranian Mines & Mining Industries Development and Renovation Organization.
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Publish Date:27/January/2017 | 20:17

Growth in Steel, Zinc, Gold Trade at IME

EghtesadOnline: Gteel, zinc and gold trade was on the rise during the three quarters of the current fiscal year (March 20-December 20, 2016) at Iran Mercantile Exchange, Iranian Mines and Mining Industries Development and Renovation Organization reported.
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Publish Date:23/January/2017 | 14:09

New Duty on Steel Imports From Sept.

EghtesadOnline: The Iranian Parliament has projected a new duty on steel imports, likely to be effective from September this year, according to the ICANA news agency, which is affiliated to the parliament.
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Publish Date:15/January/2017 | 18:54

MSC Develops High-Strength Steel

EghtesadOnline: The largest Iranian flats producer Mobarakeh Steel Company continues to diversify product portfolio of high value-added steel. This time, the company is focusing on high-strength galvanized steel.
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Publish Date:14/January/2017 | 15:43

Iran Steel Exports Up 55%

EghtesadOnline: Iran’s major steelmakers exported over 4.12 million tons of crude steel and steel products in the nine months ending December 20, registering a 55% growth compared with last year’s corresponding period, according to the Iranian Mines and Mining Industries Development and Renovation Organization.
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Publish Date:07/January/2017 | 06:09

Iran 2025 Steel Target No Mirage

EghtesadOnline: The steel industry is one of the most strategic sectors of the Iranian economy, as it accounts for the bulk of the mining sector’s exports and revenue and is at the same time vital for the development of domestic infrastructure and key sectors such as oil.
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Publish Date:01/January/2017 | 05:47

Steel output to hit 50 million tons in 6 years

EghtesadOnline: Minister of Industry, Mines and Trade Mohammad-Reza Nematzadeh said that crude steel production will reach from the current 17 million tons to 50 million tons in the next six years.
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Publish Date:05/November/2016 | 13:01

Private Sector Leads Growth in Iran Steel Industry

EghtesadOnline: Iranian private steelmakers produced more than 1.9 million tons of crude steel during the first half of the current Iranian year (started March 20), registering a 37% jump compared with last year’s corresponding period, according to Iranian Steel Producers Association.
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Publish Date:01/November/2016 | 20:45

Iran’s Steel Sector Internationalizing

EghtesadOnline: Following the signing of the Joint Comprehensive Plan of Action between Iran and the six world powers last year, which led to the lifting of commercial and economic sanctions against Tehran, the first cargo of Iranian steel has been dispatched to Canada, a sign of the industry’s growing international aspirations.
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Publish Date:31/October/2016 | 06:48