- Write by:
-
Friday, February 22, 2019 - 12:42:26 PM
-
1129 Visit
-
Print
Mining News Pro - CEO of Esfahan Steel Company (ESC) talk about the unbalanced growth effects of the steel industry in Kish Island Conference.
According to Mining News Pro - “Iran’s unbalanced steel development factors can affect the industry for incoming years, So it is necessary to recognize and analyze the solutions. This issue suspended the growth of production capacities and currently, Esfahan Steel Co. is just using 55 percent of its production capacity due to the lack of iron ore”, Mansour Yazdizadeh, CEO of Esfahan Steel Company said.
He also said that Iran may reach 55 million tons of steel earlier than 2026, but this does not occur in all steel chain loops. Mining investment is have some serious problems and if it continues, the iron ore resources will finish in 2033.
Short Link:
https://www.miningnews.ir/En/News/338421
Iron ore futures prices ticked lower on Monday, weighed down by diminishing hopes of more stimulus in top consumer ...
Iron ore futures prices drifted higher on Thursday as the latest soft data from top consumer China triggered renewed ...
Vitol Group confirmed that it’s starting to rebuild a trading book for metals after a long stint out of the market, with ...
Australia’s Fortescue said on Monday it would form a joint venture with OCP Group to supply green hydrogen, ammonia and ...
Iron ore’s reset to around $100 a ton is indicative of a broader reshaping of China’s commodities markets that favors ...
Iron ore reversed direction after dropping to its lowest level in 10 months as optimism that the country’s economic ...
Iron ore reversed direction after dropping to its lowest level in 10 months as optimism that the country’s economic ...
Nippon Steel intends to pursue its proposed acquisition of US Steel and wants its “deep roots” in the United States to ...
Nigeria will only grant new mining licences to companies that present a plan on how minerals would be processed locally, ...
No comments have been posted yet ...