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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

Steel ingot production up 45% in 1st 10 months

EghtesadOnline: Seven major steel production units of the country produced more than 4.4 million tons of steel ingot and products in the first ten months of this year (started March 20).
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Publish Date:05/February/2017 | 10:10

Structural Steel Market in Recession

EghtesadOnline: Over 1,400 structural steel sales outlets have gone out of business in the past three years, says the head of Tehran Iron and Steel Union, Mohammad Azad.
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Publish Date:02/February/2017 | 19:42

Who’s Afraid of Steel Import Duties?

EghtesadOnline: Steel import tariff rates have always been a sensitive issue for government officials and industry players.
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Publish Date:02/February/2017 | 19:38

MMK Shipping Flat Steel to Iran

EghtesadOnline: Russian steelmaker Magnitogorsk Iron & Steel Works, otherwise known as MMK, has started shipping its flat steel products to Iran through Kazakhstan’s port of Aktau.
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Publish Date:22/January/2017 | 13:08

Iran's SKS Banks on Exports to Ramp up Production

EghtesadOnline: Iran’s Kish South Kaveh Steel, otherwise known as SKS, which entered the merchant billet market at the end of 2015, intends to reach higher utilization by focusing on exports.
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Publish Date:21/January/2017 | 14:15

Iran's Flat Steel Imports Remain Rusty

EghtesadOnline: Buying activity was absent in the Iranian flat steel import market over the past week. The main factor behind the halt in purchasing was the high price of foreign material, compared with that of domestic material.
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Publish Date:21/January/2017 | 14:13