Keyword: "iran"

Mining News Pro - Direct reduced unites has succeeded to produce more than 5.5 million tons of DRI in last two months.

Mining News Pro - Chairman of the board of IMIDRO said that a 2.5m tons plant opened recently in the first phase and in the second phase another 2.5m ton plant will be opened in the next 40 to 50 days.

Mining News Pro - Esfahan Steel Company held a meeting on June 9, discussing the obstacles which are currently an issue for railroad transportation in Iran.

Mining News Pro - An indicted financier accused by the U.S. of developing Venezuela’s gold-for-food trade with Turkey is helping orchestrate a similar swap with Iran involving gold for gasoline products, according to seven people familiar with the matter.

Mining News Pro - National Iranian Copper Industries Company is the first company to be the permanent member of “ISSA Mining”.

Mining News Pro - Out of cash and desperate for help in propping up its oil industry, Venezuela is raiding its gold vaults and handing tons of bars to its long-time ally Iran, according to people with direct knowledge of the matter.

Mining News Pro - This week, Iran billet export prices fell marginally in recent deals. SteelMint’s assessment for billet export offers from Iran is at USD 380-385/MT, FoB Iran, down USD 5-10/MT, against last week. While domestic billet offers in the country are at IRR 52,600/kg, including 9% VAT.

Mining News Pro - Iran’s steel output stood was recorded at 43.28 MnT during the first 11 months of the current Iranian year (21 Mar’19 - Feb’20) to register a Y-o-Y rise of 7.96%. The figure includes both semi-finished and finished steel output.

Mining News Pro - Iranian billet export offers witnessed a marginal increase amid active domestic demand. However, no export deals were reported during the week.

Mining News Pro - Iran’s steel output was recorded at 39.46 MnT during the first 10 months of the current Iranian year (21 Mar`19 - 20 Jan`20) to register a Y-o-Y rise of 8.79%.

Mining News Pro - Iran failed to comply with international anti-terrorism funding norms following which the the country got black listed by the Financial Action Task Force (FATF) last week on 21 Feb’20.

Mining News Pro - Ahangaran, visited Hormozgan Steel Company. He mentioned the remarkable role of HOSCO in slab exports and emphasized on removing the export obstacles.

Mining News Pro - “One important approach in our company is to be active in export markets,” Sales Manager of HOSCO.

Mining News Pro - Iran’s major steel producing companies exported a total of 5.2 MnT of steel in first nine months of the current Iranian year (March 21-Dec. 21, 2019) to register a Y-o-Y growth of 19%.

Mining News Pro - The Australian dollar gold price has temporarily moved into record territory of around $2350 an ounce as tensions between the United States and Iran increased.

Mining News Pro - After spiking to a near seven-year high when news of an Iranian missile attack on a US base in Iraq first broke, the price of gold plummeted on Wednesday.

Mining News Pro - Gold prices stabilized after paring earlier gains amid signs that both sides in the US-Iran hostilities wanted to pull back from the brink of conflict. Palladium rose to a fresh record above $2,100 an ounce.

Mining News Pro - Gold futures jumped after reports of rocket attacks on a US military base in Iraq, hitting fresh six year highs.

Mining News Pro - Commrcial Manager of Chadormalu Company believes that Iran has become a major steel exporter in the last 7 years ago.

Mining News Pro - Iranian steel majors’ exports were recorded at 4.04 MnT during the first seven months of Persian year (March 21 - Oct, 22) to register a Y-o-Y growth of 8%.

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