Mining Industry

Mining News Pro - Jangir Razavi, director of engineering affairs at Sungun Copper Complex, said: "Sungun Copper Complex co-operation with Tabriz University lasted for seven years, and during these years many projects have been carried out to ensure the sustainability of the production and use of modern technologies in this complex.

Mining News Pro - The Indian government will not reduce steel production, even if the surplus of steel production in the world becomes problematic.

Mining News Pro - Alcoa cut its prediction of global aluminum demand due to China-US trade.

Mining News Pro - The board of nickel miner Western Areas has given the green light to the Odysseus project, following a positive definitive feasibility study (DFS).

Mining News Pro - According to a study by the International Lead and Zinc Organization, the global demand for refined lead this year will increase by about 0.2 percent to 11.71 million tons and in 2019 it will increase by 0.7 percent to 11.79 million tons.

Mining News Pro - The celebration of the International Standard Day and the commemoration of the production and service units of this area in two parts of the country and the provinces with the presence of Hamid Reza Foldagher, the representative of the people of Isfahan in the Islamic Consultative Assembly and the member of the Committee on Industry and Mines of the Islamic Consultative Assembly, Vahid Marandi Moghaddam, National Iranian Standards Organization of Iran, Mohammad Ali Shojaee, Deputy Director of Economic Coordination and Development Resources of Isfahan Governorate, Gholamhossein Shafiei, Director General of Isfahan Province, one of the managers of manufacturing companies, services and quality control authorities of these units on Thursday 26th of October in Negin Rally Hall The world was held In this conference, the Esfahan Iron and Steel Company was celebrated as a provincial sample unit.

Mining News Pro - For the first time in the country, after the evaluation of the EFQM evaluators, the Mobarakeh Steel Company of Isfahan won the award with a score of over 600 gold medals (GOLD).

Mining News Pro -Managing director of Mobarakeh Steel Company at the meeting of the company`s management committee, after hearing the report of the managers of the areas and various parts of the company, stated: "Visiting production lines and meeting with colleagues in the regions, the commitment of the organization to each one was well known. That the company`s employees are interested in their work and solving the issues of the company are highly valued

Mining News Pro - Rashtriya Ispat Nigam Limited (RINL) - a state owned steel maker under the Ministry of Steel, has invited a tender for export of 10,000 MT Billets and 20,000 MT Blooms.

Mining News Pro - Iran, one of the largest billet exporter in MENA region has exported 1,790,224 MT billet and bloom during the first five months of current Persian year (21-Mar till 22-Aug’18). As per the data released by Iranian Customs, export of billet during the period was reportedly up by 42% Y-o-Y against 1,258,094 MT during the same period of last Persian year. GCC and Far East Asia was the major destination for Iranian billet.

Mining News Pro - This week imported HRC offers to Bangladesh witnessed drop of USD 5-10/MT following lower HRC export offers from China.Bearish market sentiments results to weaker HRC export offers from China. Currently Chinese HRC export offers is assessed around USD 555-565/MT FoB basis.

Mining News Pro - According to the latest reports, amid growing protectionism of U.S against steel imports, one of the key countries that is facing the real brunt is South Korea.

Mining News Pro - While recent details of the offenses committed in the supply below the stock price of the Steel Fund have been raised, the uncertainty about the transfer of 20% stake in the Iralco Steel Fund has been made some time ago.

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 - Iran`s aluminum with the symbol "Fira" has achieved a profit of 394 Rls for each share during the six months ended September 22,2018

Mining News Pro - This week imported HRC offers from Chinese mills to Vietnam inched up by USD 5-10/MT.End users have concluded few deals with China amid limited offers from Russian and Indian mills for imported HRC to Vietnam.

Mining News Pro - Vale- world`s largest iron ore producer witnessed sharp increase in Q3 CY`18 iron ore production. The production recorded at 104.95 MnT, up 8% Q-o-Q as against Q2 CY`18 at 96.8 MnT. On yearly basis, the production recorded 10% increase as compared to 95.1 MnT in Q3 Y17.

Mining News Pro - Indian pellet export prices have softened this week further amid uncertainty of Chinese steel mills regarding winter production cuts. Few trade participants shared increased preference of Chinese mills towards iron ore fines than pellets.

Mining News Pro - Jindal Stainless Steel Ltd (JSL), the country’s largest stainless steel maker seems to leave behind its debt woes and plans to expand its production capacity by half over the next two years.

Mining News Pro - On uncertainties about hike in electricity power tariffs market turns stagnant.

In Picture