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Sefid Dasht Produces 62KT of Sponge Iron in 3 Months

EghtesadOnline: Sefid Dasht Steel Complex produced 62,214 tons of direct-reduced iron during the first three months of the current Iranian year (March 21-June 21), the deputy head of the company, Jamshid Alibabaei, said.
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Publish Date:30/June/2017 | 13:04

ISPA Monitors Iranian Steel Sector Performance

EghtesadOnline: Iranian steelmakers produced 6.77 million tons of semi-finished and finished steel products during the first two months of the current fiscal year (March 21-May 21), indicating a 13.3% growth compared with last year’s corresponding period.
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Publish Date:30/June/2017 | 13:03

MSC’s Sangan Plant Begins Trial Production

EghtesadOnline: Iran’s largest steelmaker, Mobarakeh Steel Company, has started the test run of its 5-million-ton per year iron ore pelletizing plant in Sangan mineral zone in northeastern Iran, Iranian Mines and Mining Industries Development and Renovation Organization reported.
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Publish Date:24/June/2017 | 08:46

MSC Boosts Sales by 18%

EghtesadOnline: Iran’s Mobarakeh Steel Company boosted sales by 18.21% to 6.2 million tons in the last Iranian year (ended March 20, 2017), according to a Monday filing in Tehran Stock Exchange.
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Publish Date:23/June/2017 | 18:08

Deal to Transport Steel Via Railroad

EghtesadOnline: Islamic Republic of Iran Railways has signed a deal with Esfahan Steel Company for the transportation of ESCO’s products to the southern port of Shahid Rajaee.
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Publish Date:23/June/2017 | 16:48

5th Attempt to Sell ESCO’s Shares

EghtesadOnline: For the third time, Iran Privatization Organization is going to offer a 16.75% equity stake of Esfahan Steel Company on the over-the-counter Iran Fara Bourse on July 1.
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Publish Date:18/June/2017 | 08:57

Iran's IMIDRO World’s 25th Biggest Steel Producer

EghtesadOnline: Iranian Mines and Mining Industries Development and Renovation Organization was the world’s 25th largest producer of crude steel in 2016 with 14.02 million tons.
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Publish Date:06/June/2017 | 11:41

KSC Profits Triple

EghtesadOnline: Khouzestan Steel Company’s profits in the last fiscal year (March 2016-17) surged over 300% to 6.7 trillion rials ($176.31 million) compared to the year before, the company’s manager, Modarres Khiabani, said.
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Publish Date:03/June/2017 | 08:05

A Balancing Act

EghtesadOnline: Iran’s steel consumption has experienced a downtrend for the past six years, highlighting the country’s ailing market and subdued demand.
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Publish Date:03/June/2017 | 08:04

Semi-Finished Steel Imports Down 88%

EghtesadOnline: Imports of semi-finished steel dropped by 88% in the first month of the current Iranian year (started March 21) compared with last year’s corresponding period to stand at 29,000 tons, according to Iranian Steel Producers Association.
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Publish Date:29/May/2017 | 07:11

Iran Steel Output Jumps 14.3%

EghtesadOnline: Iranian steel mills produced 6.369 million tons of crude steel in the first four months of 2017, registering a 14.3% growth year-on-year, the latest report released by World Steel Association said.
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Publish Date:27/May/2017 | 06:31

Steel Sector Buoyant as Imports Take a Plunge

EghtesadOnline: Iran’s steel imports were down across the entire spectrum of products in the first month of the current Iranian year (March 21-April 20).
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Publish Date:20/May/2017 | 10:55

Shadegan Starts Hot Commissioning of New DRI Module

EghtesadOnline: Iran’s Shadegan Steel Company started hot commissioning of a new direct reduced iron module on Sunday, the country’s state mines and metals holding company IMIDRO said on Thursday.
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Publish Date:20/May/2017 | 10:39

Major Steelmaker Struggling to Avert Insolvency

EghtesadOnline: Esfahan Steel Company is seeking to lighten its debt burden by reaching a set-off agreement with the government, according to the company’s manager, Ahmad Sadeqi.
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Publish Date:16/May/2017 | 08:29

MSC Buys 16% Stake in Iran’s Largest Mining Investor

EghtesadOnline: Iran’s largest steel producer, Mobarakeh Steel Company, has bought a further 16.1% stake in Mines and Metals Development Investment Company from a semi-governmental retirement fund.
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Publish Date:14/May/2017 | 10:03

New DRI Plant in Khuzestan

EghtesadOnline: Shadegan Steel Plant’s direct iron reduction unit is scheduled to be inaugurated on Sunday by President of Iranian Mines and Mining Industries Development and Renovation Organization Masoud Karbasian.
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Publish Date:14/May/2017 | 09:32

Rouhani: Steel, auto industry on verge of joining int'l market

EghtesadOnline: President Hassan Rouhani said on Wednesday that apart from the active presence of Iran's petrochemical industry in the global market, the country’s steel and auto industries are also on the verge of joining world market.
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Publish Date:13/May/2017 | 13:57