Iron and Steel

Mining News Pro - According to a one month analyze, Khouzestan Steel Company’s revenue has grew by 174 percent and reached 82.8 million USD in March compared with the same period last year.

Mining News Pro - The country has imported 68 thousand tons of steel ingot worth 38 million USD.

Mining News Pro - SteelMint in conversation with market participants shared that a major Indian steel mill have concluded a deal with Vietnam for April end-May shipments.

Mining News Pro - Major global scrap markets observed price correction on weak demand globally. Turkish steel mills booked cargoes at lowered prices amid subdued steel demand. Japan`s monthly Kanto tender for Apr`19 fetched bids lower by USD 15 against last month.

Mining News Pro - Last year, companies have produced total amount of 24 million tons of DRI in Iran. Mobarakeh Steel’s share was more than 10.5 million tons.

Mining News Pro - Eastern India based pellet maker - Brahmani River Pellets has recently concluded pellet export deal to China, SteelMint learned from company officials.

Mining News Pro - Iran has produced 4.2 million tons of steel in the first two months of 2019, which increased 7.6 percent compared to the same period last year.

Mining News Pro - Despite the problems like water, raw material supply and etc. this company has done good in the last year. One of the three records of the annual production of Esfahan Iron and Steel History with a production of two million and 400 thousand tons with two blast furnaces was recorded.

Mining News Pro - Additional results from 34 holes drilled at Osisko Metal’s (TSXV: OM) Pine Point camp on the south shore of Great Slave Lake in the Northwest Territories intersected near surface, high-grade zinc and lead values.

Mining News Pro - Fortescue Metals Group subsidiary FMG Magnetite and joint venture partner Formosa Steel have agreed to the development of stage two of the Iron Bridge magnetite project in the Pilbara, Western Australia.

Mining News Pro - China will implement anti-dumping tariffs on stainless steel products of Europe, South Korea, Japan and Indonesia.

Mining News Pro - Black Iron announced this week that Ukraine`s Ministry of Defence has developed a plan to transfer to another area the parcel of land originally sought by the company as the location of a processing plant, tailings and waste rock for its Shymanivske iron ore project.

Mining News Pro - CEO of Ghadir Iranian Iron and Steel Co. talked about unbalanced growth of steel industry and said: “By analyzing statistics about steel production from iron ore, concentrate, pellets to final products, you can see that during 51 years of steel life, In accordance with priorities and needs at different times, a specific segment of the industry or chain has been developed and invested.

Mining News Pro - CEO of Esfahan Steel Company (ESC) talk about the unbalanced growth effects of the steel industry in Kish Island Conference.

Mining News Pro - HOSCO broke the record of DRI production this year.

Mining News Pro - The first commercial gas-based DRI plant commissioned by HYLSAMEX Mexican Company, called HYL Technology, in 1957.

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 - Tenova says its HYL division will supply a DRI Micro-Module to steelmaker Sinosteel for its Empresa Siderúrgica del Mutún (ESM) project in Bolivia.

Mining News Pro - Engineers of Esfahan Steel Co. has succeeded to produce IPN200 with EN10024 PART and DIN1025 standards.

Mining News Pro - Iran is one of the major players in steel industry and export in MENA region. Therefore, Metal Expert media analyzed Global and Iran’s billet market in 2018.

In Picture