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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

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

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

Private Steel Output Up 45%

EghtesadOnline: Iranian private steelmakers produced 3.42 million tons of crude steel during the 10 months to January 19, registering a 45% rise compared with last year’s corresponding period, Iran Steel Producers Association’s latest data show.
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Publish Date:22/February/2017 | 16:33

Steel Producers Oppose Plans to Cut Import Tariffs

EghtesadOnline: Iran Steel Producers Association has voiced its opposition to plans to reduce import tariffs on a number of steel products in an open letter to the First Vice President Es’haq Jahangiri last week.
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Publish Date:22/February/2017 | 16:31

Iranian-Led Consortium to Lease Pakistan Steel Mill

EghtesadOnline: After the decision of the government to go for a long-term lease plan instead of privatizing Pakistan Steel Mill, an Iranian firm and some other local companies finally agreed to get the mill on lease.
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Publish Date:21/February/2017 | 14:52

Steel Exports Can Help Ease Domestic Glut

EghtesadOnline: The domestic steel market is currently grappling with a glut. Some cash-strapped producers have cut down on production to weather the storm, while many large-cap players carry on at full capacity while eyeing overseas markets.
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Publish Date:20/February/2017 | 15:41

Iranians Cut Longs Production to Boost Prices

EghtesadOnline: Depressed domestic prices for longs and poor demand in the Iranian market are forcing local steel producers to adjust to severe conditions.
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Publish Date:19/February/2017 | 14:56

Iranian Flat Steel Import Market Remains Subdued

EghtesadOnline: Buying activity in the Iranian flat steel market has continued to slow over the past week, as customers are still unwilling to purchase foreign material, Metal Bulletin reconfirmed on February 15.
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Publish Date:18/February/2017 | 15:54

Iran Sets Steel Sights High

EghtesadOnline: Iran aims to export 20 to 25 million tons of steel annually by 2025, it said in an official statement on Wednesday, up from a previous goal of 10 million tons.
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Publish Date:18/February/2017 | 15:50

ESCO Launches Online Sales

EghtesadOnline: While the range of steel producers, especially in Europe, is actively developing their distribution chains through the Internet, Iran is taking first steps on its way to digitalization.
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Publish Date:17/February/2017 | 07:55

Global Giants Upbeat on Iranian Steel Prospects

EghtesadOnline: Throughout history, the path to industrial development has been paved by steel industry. It has built up invaluable infrastructures, spearheaded technological development and spurred economic growth.
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Publish Date:15/February/2017 | 05:47

Slab, Billet Output Drives Iranian Exports

EghtesadOnline: Steel products exported by Iranian suppliers over the first 10 months of the current Iranian year soared by 45% year-on-year, according to the Iranian Mines & Mining Industries Development & Renovation Organization.
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Publish Date:11/February/2017 | 10:38

Japan willing to share water reduction strategy with Iran's steel mills

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.
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Publish Date:05/February/2017 | 10:17