Keyword: "steelmakers"

Mining News Pro - Mobarakeh Steel Co. announced its support from scientific plans and if the jury committee accept them, this company will accept the risks.

Mining News Pro - At present, Mobarakeh Steel has reduced the use of water in production by using waste water, which consumes 4.4 tenth of a meter cubic meters of steel for each steel plant, which consumes 6 tbs. Cubic meters of water in other Iranian steel structures.

Mining News Pro - According to the report of the World Steel Association of Iran, steel makers from 64 member states of this association produced 1. billion and 194 million tons of steel in the first eight months of this year, which is 4.7% more than the same period last year, one billion and 140 million tons.

Mining News Pro - Director General of the Mining Industry Bureau of the Ministry of Industry, Mining and Trade said: the liberation of the ceiling for competition in the gas reserves for steel will definitely have a positive impact on the market in the short term.

Mining News Pro - According to the latest reports, South Korea’s FTC (Fair Trade Commission) has slapped a record fine of combined 119.4 billion won (USD 105.9 million) on six rebar suppliers including majors Hyundai Steel Co. and Dongkuk Steel Mill Co, for price fixing between 2015 and 2016.

Mining News Pro - Hormozgan Steel Sales Director said: "In all advanced economies, prices are determined on the basis of supply and demand." Basically, stock exchange is also formed for this purpose. The stock exchange is created to discover the price. If the price is determined in an orderly manner, the existential philosophy of the stock exchange will be eliminated and, in fact, we will roll back to the time before the stock exchange is established.

Mining News Pro - Since last few weeks, major EAF steelmakers in South Korea have shifted their attention from Japanese scrap to USA bulk scrap

Mining News Pro - In July, the delivery of Mobarakeh Steel products to the domestic market grew by 19% compared to the same period last year, of which the delivery of hot-packet to domestic market with a significant growth of 54% reached 439 thousand tons a month.

Mining News Agency -Iranian Imidro and domestic mining consortium would invest approximately US$1 billion in new steel and mineral project.

Mining News Agency - Major Iranian steelmakers exported 4.5 million tons of crude steel and steel products in the first eight months of the current Iranian year (March21-Nov21), indicating a 27 percent growth compared with last year’s corresponding period.

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