ESCO
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Tehran to Host SCO’s Industry Ministerial Meeting: Deputy Economy Minister
A meeting of the industry ministers of the Shanghai Cooperation Organization (SCO)’s member states will be held in Tehran later this year, an official said.
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Iran’s Oil Minister Leaves for Kyrgyzstan for SCO Meeting
Iran’s Oil Minister Javad Owji left Tehran for Bishkek, capital of Kyrgyzstan, on Wednesday to participate in the 22nd Meeting of the Council of Heads of Government of Shanghai Cooperation Organizatio…
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Iran-SCO’s Member States Trade Exceeds $21 Billion in 6 Months: Spokesman
EghtesadOnline: Approx. 37 million tons of goods, valued at $21.7 billion, were exchanged between Iran and member states of the Shanghai Cooperation Organization (SCO) in the first half of the…
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Oil Minister:
Iran to discuss North-South gas corridor in Thur. SCO meeting
EghtesadOnline: The Iranian oil min considered the upcoming meeting of Prime Ministers of the Shanghai Cooperation Organization (SCO) as a good opportunity to reach a multilateral agreement on…
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ESCO Produces 15K Tons of Rails in 3 Months
EghtesadOnline: Esfahan Steel Company (ESCO) supplied 15,000 tons of rails to the domestic market during the first three months of the current Iranian year (March 20-June 20) to register a threefold…
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ESCO Signs Deal to Deliver Rails for Tehran Metro Projects
EghtesadOnline: Esfahan Steel Company (ESCO) has signed an agreement with Tehran Metro Company for providing 800 tons of rails to boost the development of urban and intercity railroads.
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ESCO Steel Exports Rise 30%
EghtesadOnline: Esfahan Steel Company (ESCO) exported more than 877,000 tons of steel products during the first nine months of the current Iranian year (March 21-Dec. 21) to register a 30% rise…
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ESCO Calls for Rise in Iron Ore Export Duty
EghtesadOnline: Despite the 25% customs duty imposed on the export of iron ore, the export of raw materials used in steelmaking is continuing and the duties have not discouraged exporters at…
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Iran's ESCO Delivers 1st Batch of UIC60 Rail for Northwestern Railroad
EghtesadOnline: Esfahan Steel Company (ESCO) has handed over the first batch of domestically produced 60E1 (UIC60) rails to the Construction and Development of Transportation Infrastructure Company.
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ESCO Produces UIC60 Rails for First Time
EghtesadOnline: Esfahan Steel Company has produced 1,000 tons of UIC60 rails based on the latest international standards, the manager of the Rolling Engineering Department of ESCO said.
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ESCO Readies 2nd Batch of U33 Rails
EghtesadOnline: Esfahan Steel Company has produced the second batch of rails to be delivered to the Islamic Republic of Iran Railways.
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Change of Leadership at ESCO
EghtesadOnline: Mansour Yazdizadeh has replaced Ahmad Sadeqi as the new managing director of veteran steelmaker Esfahan Steel Company. The new director has spent most of his professional career…
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Indian, Iranian Companies Line Up to Buy ESCO Majority Stake
EghtesadOnline: Esfahan Steel Company's major shareholder is planning to sell its stake in the veteran Iranian steelmaker and potential domestic and foreign buyers have already lined up, the…
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ESCO, IRALCO Finally Pull Off Block Sales
EghtesadOnline: The spell is finally broken, as Iranian Privatization Organization has sold two controlling stakes in Esfahan Steel Company and Iran Aluminum Company following several unsuccessful…
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ESCO Struggling to Produce Rails
EghtesadOnline: Domestic rail production, although less costly compared to importing foreign products, is still struggling to get off the ground, the deputy head of Construction and Development…
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ESCO’s Output, Sales Slow Down
EghtesadOnline: Iran’s veteran steelmaker, Esfahan Steel Company, produced 1.27 million tons of steel products in the first seven months of the current fiscal year (March 21-Oct. 22), posting…
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ESCO Sales Growth Remarkable
EghtesadOnline: Esfahan Steel Company has posted strong growth in sales volume and value in the first half of the current fiscal year (March 21-Sept. 22), extending a continuously rising trend…
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ESCO Rides Rising Tide of Iranian Steel Exports
EghtesadOnline: The Iranian steel industry’s effective push toward exports has helped Esfahan Steel Company bolster its presence overseas, the company’s head of sales and marketing announced.
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Iran's Debt-Laden Steel Giant Shows Signs of Recovery
EghtesadOnline: The financially embattled Esfahan Steel Company has been drowning in debt for the past few years, but the veteran Iranian steelmaker’s latest production data indicate it is slowly…
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ESCO Reorients Strategies
EghtesadOnline: The managing director of Esfahan Steel Company recently published a letter to the Securities and Exchange Organization to answer inquiries by the SEO about the money-bleeding…
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ESCO Crude Steel Output Tops 500K Tons
EghtesadOnline: Esfahan Steel Company, Iran’s largest producer of constructional steel products, says it produced 522,814 tons of crude steel in the first three months of the current Iranian…
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5th Attempt to Sell ESCO’s Shares Fails
EghtesadOnline: For the fifth time, Iran Privatization Organization failed to attract a buyer for an equity stake of Esfahan Steel Company.
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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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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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ESCO’s Iron Ore Beneficiation Plant Becomes Operational
EghtesadOnline: Esfahan Steel Company inaugurated its iron ore beneficiation plant last week. According to ESCO’s deputy head, Hassan Zia, the beneficiation plant has a processing capacity of…
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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…
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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…
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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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ESCO Starts Liquid Argon Production
EghtesadOnline: Esfahan Steel Company has started the production of pure liquid argon, announced ESCO’s head of Energy Management Department, Hassan Khazaei, on Tuesday.
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ESCO to Inaugurate Rail Production Line
EghtesadOnline: Esfahan Steel Company is scheduled to officially launch its rail production line today.