Iron and Steel

The transfer of coal to Isfahan was restored / the atmosphere between coal mines and iron smelting is promising / we will agree to determine the base price.

The transfer of coal to Isfahan was restored / the atmosphere between coal mines and iron smelting is promising / we will agree to determine the base price.
Mining News Pro - Iran Coal Association announces the resumption of coal ship to Isfahan Steel Company.
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According to Mining News Pro -The coal association of Iran has stopped sending coal to Esfahan Steel Company since November 1, causing it to increase by more than 100% in the cost of equipment and supplies of mines, an increase in world prices for coal, as well as an increase in imported coal prices based on the exchange rate of Nima And called for a new rate for coal.


In such circumstances, Mohammad Mojtahedzadeh, chairman of the Iranian coal industry, announced the resumption of coal delivery to the Esfahan Steel Company and Steel Works, saying: Considering that it is possible to determine the fair and appropriate price for domestic production of coal by the Ministry of Industry, Mining and Mineral Affairs Trade provided, the coal supply to Isfahan Steel Company was restored on Thursday, November 3rd.


"We are currently in the process of technical and economic negotiations between the Coal and Steel Association of Esfahan, but I anticipate that these negotiations will come to an end before the end of November," he said, hoping for the talks of the Isfahan Coal and Steel Association.


Mutehadzadeh said: "Contracts have not changed at the moment and coal is shipped at the same price, but we expect to agree on a reasonable price."


The head of the Association of Iranian Coal Industry has expressed hope that the meeting will be held to provide a promising solution to the problems of coal mines, and at the same time iron smelters can continuously provide the coal needed for this unit from domestic sources.


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