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Indian pellet prices fall further in China

14 November 2018 Time: 23:25
Indian iron ore pellet prices have fallen by around 7.5pc so far this month to around $125/dry metric tonne (dmt) cfr China, hit by a drop in demand in the wake of less stringent environmental restrictions imposed on mills.

EU HRC: First 2019 automotive deals done as rollovers

14 November 2018 Time: 23:07
Northwest European steel mills have concluded their first 2019 deals with automotive buyers at a rollover from this year's prices, following protracted negotiations.

Iran Abiding by JCPOA Terms, IAEA Says in New Report

14 November 2018 Time: 15:19
Iran has been abiding by the terms of the 2015 nuclear deal between Tehran and world powers, the latest report from the UN atomic watchdog indicated Monday, days after fresh US sanctions hit the country.

Iran Invites Germans to Work in Renewable Energy Industry

14 November 2018 Time: 15:04
Iran’s Energy Minister Reza Ardekanian unveiled plans for a major boost to the country’s power generating capacity from renewable energy, inviting German companies to engage in this effort.

Iran-Turkey Trade to Exceed $12bln: Official

14 November 2018 Time: 14:59
The value of trade exchange between Iran and Turkey is expected to surpass $12 billion this year, an Iranian official said.

New Measure to Curb Smog in Downtown Tehran

14 November 2018 Time: 14:45
In the latest move to curb air pollution in Tehran Province, dilapidated vehicles and motorbikes will be barred from Eslamshahr County in the southwest.

Iran International Auto Parts Exhibition Opens

14 November 2018 Time: 14:33
The 13th Iran International Auto Parts Exhibition opened on Monday in Tehran.Held at Tehran International Fairground, this year’s event brings together 191 foreign and 526 local automotive firms.

Cashless Payment Service Rolling Out in Kish Island

14 November 2018 Time: 14:25
The ICT company FANAP is rolling out a cashless payment service in Kish Island off the Persian Gulf that makes use of QR Codes and NFC payment systems.

SWIFT Unlinks Iran's Central Bank

14 November 2018 Time: 14:12
Deputy secretary of the US Treasury, Sigal Mandelker, announced that SWIFT had cut-off Iranian financial institutions targeted by the US sanctions, Sputnik reported.

Mahathir Discounts OPEC Clout

14 November 2018 Time: 14:05
The Organization of the Petroleum Exporting Countries hasn't been effective in stabilizing oil prices, which have been more dependent on US shale production than the actions of the intergovernmental group, said Malaysian Prime Minister Mahathir Mohammad.
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