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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

Iranians Prefer Domestic Flat Steel

EghtesadOnline: Iranian buyers now prefer locally produced flats, as their prices are more competitive compared to those of imported material.
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Publish Date: 20/January/2017 | 19:57

Iran Mulls 10% Export Duty on Unprocessed Iron Ore

EghtesadOnline: The Iranian government is considering whether to impose a 10% export duty on unprocessed iron ore, so as to promote the sale of value-added raw materials and steel products.
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Publish Date: 15/January/2017 | 18:52

Iranian Flat Steel Importers Lying Low

EghtesadOnline: Buying activity in the Iranian flat steel import market has remained sluggish over the past week, as customers wait for the government to implement new import duty regulations.
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Publish Date: 14/January/2017 | 15:45

Private Steel Exports Up 118%

EghtesadOnline: Iranian private steelmakers exported 2.56 million tons of crude steel during the nine months ending December 20, recording a 118% upsurge compared with last year’s corresponding period.
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Publish Date: 12/January/2017 | 14:51

Import of Steel Products Declines

EghtesadOnline: Iran’s import of steel products during the nine months to December 20 declined by 24% to stand at 2.3 million tons.
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Publish Date: 12/January/2017 | 14:40

Iran’s KSC Sales Hit Record High

EghtesadOnline: Despite challenging market conditions, Iran’s billet and longs producer Khorasan Steel Complex managed to significantly increase sales volumes over the first nine months of the current Iranian year (March 20–Dec. 20, 2016).
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Publish Date: 12/January/2017 | 14:38

Crude steel exports up over 51% in 8 months

EghtesadOnline: The private sector exported 3,742,000 tons of crude steel and related products in the first eight months (March 20-November 20) of this year (started on March 20), showing 51 percent increase compared to that in the same period the year before.
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Publish Date: 02/January/2017 | 18:21

MSC Signs $7.5m Deal With Finnish Firm

EghtesadOnline: Mobarakeh Steel Company signed its first foreign investment deal worth $7.53 million with Finland’s Ecofer.
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Publish Date: 27/December/2016 | 11:15

ESCO Signs Export Contract With Iraqi Firm

EghtesadOnline: Esfahan Steel Company has signed a draft contract with Iraq’s General Company for Trading of Construction Materials, owned by the Iraqi Ministry of Trade for exporting iron products.
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Publish Date: 27/December/2016 | 11:14