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ESCO Targets 40% Hike in Exports

EghtesadOnline: Esfahan Steel Company is planning to boost the current fiscal year’s (March 2017-18) exports by 40% to about 1 million tons, the company’s chairman, Ahmad Sadeqi, has been quoted as saying by IRNA.
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Publish Date:12/May/2017 | 06:40

Khorasan exports first consignment of crude steel to UAE

EghtesadOnline: Head of Sales and Export Department of Khorasan Steel Complex Hamid Reza Shenavaei said on Saturday that the first consignment of crude steel was exported from the complex to the United Arab Emirates (UAE).
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Publish Date:10/May/2017 | 14:07

Isfahan Steel Company to export to Europe

EghtesadOnline: We have developed the ability to export 500,000 tons of pig iron to the European countries given the market situation, said the Managing Director of Isfahan Steel Company (ISCO).
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Publish Date:10/May/2017 | 13:50

Steel Production Capacity Boosted by 700,000 Tons/Year

EghtesadOnline: Khorasan Steel Complex’s newly-launched steel plant, with a crude steel output capacity of 700,000 tons/year, has doubled the steelmaker’s production capacity and made it join the ranks of Iranian mills with crude steel capacities exceeding 1 million tons.
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Publish Date:01/May/2017 | 07:28

Iran has %12.7 growth in steel production: WSA

EghtesadOnline: The World Steel Association (WSA) announced that Iran has had a 12.4 percent growth in production of crude steel in the first three months of 2017 compared with the same period in 2016.
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Publish Date:23/April/2017 | 14:47

HRC Sole Steel Product on the Uptrend

EghtesadOnline: As Iranian mills’ steel product output is on an overall downtrend, the only commodity defying this trend is hot-rolled coil, which is solely produced by Iran's largest steelmaker Mobarakeh Steel Company.
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Publish Date:23/April/2017 | 08:04

Khouzestan Oxin’s 1st Foray Into German Market

EghtesadOnline: Khouzestan Oxin Steel Company has shipped its first batch of steel plates to Germany from the southern Iranian port of Bandar Imam Khomeini, the company’s managing director announced on Monday.
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Publish Date:18/April/2017 | 09:41

Steel Import, Iron Ore Export Duties Unchanged

EghtesadOnline: Iran did not change its import duty for steel and export duties for iron ore, despite previous announcements, according to the latest annual import-export regulations published by the country’s customs authority.
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Publish Date:16/April/2017 | 06:09

Saba Steel Complex Doubles Capacity

EghtesadOnline: Saba Steel Complex, a subsidiary of Iran’s largest flat steel producer Mobarakeh Steel Company, has managed to finish the second phase of its expansion project, allowing it to double steelmaking and rolling capacities of the mill.
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Publish Date:09/April/2017 | 07:53

Khouzestan vaults to global spot as steel exporter

EghtesadOnline: Khouzestan Steel Company (KSC) has established itself as Iran’s biggest exporter, overtaking Mobarakeh which is currently under the European Union’s anti-dumping watch.
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Publish Date:08/April/2017 | 24:49

Iran Flat Steel Import Market Remains Flat

EghtesadOnline: The Iranian flat steel import market has been largely inactive for the most part of the week that ended April 5 due to long holidays to ring in the Iranian New Year (started March 21).
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Publish Date:08/April/2017 | 10:10

Khuzestan Steel Plant Inaugurated

EghtesadOnline: The first production phase of South Rohina Steel Complex was inaugurated on Wednesday by First Vice President Es’haq Jahangiri and Minister of Industries, Mining and Trade Mohammad Reza Nematzadeh in Dezful in Khuzestan Province.
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Publish Date:08/April/2017 | 10:06

ESCO Zeros In on Exports

EghtesadOnline: Esfahan Steel Company plans to boost longs exports to 1 million tons by the end of the current fiscal year (started March 21) from last year’s 700,000 tons, ESCO’s head of sales and marketing said.
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Publish Date:04/April/2017 | 07:43

Latest WSA Data: Iran’s Steel Output Up 6.2%

EghtesadOnline: Iranian steel mills produced 2.89 million tons of crude steel in the first two months of 2017, registering a 6.2% growth year-on-year, according to the latest report released by World Steel Association.
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Publish Date:03/April/2017 | 09:09

Turkey Stresses Importance of Steel Trade With Iran

EghtesadOnline: Representatives of the Turkish steel sector are interested in developing lucrative cooperation with Iran, as steel trade between the two countries is on the uptrend.
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Publish Date:19/March/2017 | 11:13

ArcelorMittal Expands Steel Sales to Iran

EghtesadOnline: World’s largest steel producing group of companies–ArcelorMittal–expanded its cooperation with Iran in 2016 by increasing steel product shipments to the country.
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Publish Date:05/March/2017 | 16:25

Iran Bares Steel Teeth

EghtesadOnline: When steel lobby group Eurofer on February 16 declared that Iranian steel exports had become a “threat” to European producers, many in Iran’s developing steel industry could have regarded it as a compliment.
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Publish Date:04/March/2017 | 16:00

MSC Puts Local Market First

EghtesadOnline: Mobarakeh Steel Company expects to sell 76% of its products during the next fiscal year (March 2017-18) in the local market.
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Publish Date:28/February/2017 | 16:18