According to Mining News Pro -Let`s not forget that steel and zinc with gold and aluminum were sanctioned in the first round and these companies have practically passed the first part of the limitations!Iran is rich in mineral resources and the major raw materials of these companies are iron ore and natural gas and zinc feed from inside Iran and have little dependence on the outside.Perhaps the most important effect of the sanctions would be to undermine the rials and increase the profitability of these companies, since Camodists are priced and traded in dollars!The government can simply strengthen the stock of these companies by boosting the ability to counteract them by simply changing the stock exchange exchange rate from 4200 to Nima.
Mining News Pro - CEO of Mobarakeh Steel Co. said: “In the first 9 months of this year, this company has exported about 700 thousand tons of steel products.”
Mining News Pro - CEO of Kaveh-Pars Mining Industries Development Company said in Iranian Steel Market Conference and Expo to Mining News Agency.
Mining News Pro - Hormozgan Steel Co. earned 953 IRRs per share in the first 9 months which had a 627 percent growth compared to the last year.
Mining News Pro - Japanese based major steelmaker Tokyo Steel likely to increase plate prices for the first time in 11 months amid tight supply and strong demand
Mining News Pro - Mobarakeh Steel Co. said that Mobarakeh Steel produces more than 10 million tons of steel, half of the country`s steel, which is considered to be ...
Mining News Pro - The Securities and Exchange Organization has issued a license to raise its capital of $ 674,333,333 from Esfahan Steel Co. excess revaluation ...
Mining News Pro - Esfahan Steel Company The General Assembly holds an extraordinary general meeting for the current fiscal year.
Mining News Pro - Pakistan’s one of leading steelmakers Amreli Steel Limited (ASTL) has announced its third phase of an expansion plan for establishing an additional ...
Mining News Pro - For the first time in the country, Mobarakeh Steel Company`s powerful staff, in cooperation with domestic appliance companies, succeeded in ...