NEWS
IRON and STEEL
 

Tokyo Steel Chooses Q-ASC for Scrap Selection

17 August 2019 Time: 23:39
Tokyo Steel, the largest steel scrap consumer in Japan, purchases various types of scrap to feed its electric-arc furnace melting process.
 

India: Godawari Power and Ispat Pellet Production Up 7% in Q1 FY'20

17 August 2019 Time: 22:44
Godawari Power and Ispat Limited (GPIL) - one of the largest steel producers based in central India has released its operational results for the first quarter of FY’20 ending Jun'19.
 

Imported HRC Offers to Vietnam Slide Further Over Limited Buying

17 August 2019 Time: 22:41
In the beginning of this week imported HRC offers to Vietnam reported decline as buyers are expecting further downside in prices over volatility in Chinese prices and lower export offers from India amid weakening domestic prices.
NON-FERROUS
 

India’s Vedanta To Increase Aluminium Exports

16 August 2019 Time: 12:43
India’s top primary aluminum producer – plans to ramp up its shipments of the metal to the global markets. The company will seek to export over half of its aluminum products in the current fiscal year despite rising aluminum imports in India.
 

Active Pellet Buying Keeps PELLEX Unchanged

15 August 2019 Time: 13:06
Close to 30,000 MT pellets were traded in Raipur market so far this week after hike in P-DRI prices, SteelMint learned from sources.
 

Iran's Iron Ore Exporters Stay the Course

15 August 2019 Time: 12:01
In brief: Exports of Iranian iron ore have remained steady in the face of escalating tensions in the Mideast Gulf and there are few signs that China, which receives about 95pc of these volumes, will fall in line with US government sanctions.
 

Anti-mining protests in Peru threaten $5bn Quellaveco copper project

16 August 2019 Time: 14:53
Ongoing anti-mining protests in Peru, triggered by the recent approval of a now halted construction permit for Southern Copper’s (NYSE:SCCO) $1.4 billion Tia Maria project in Arequipa, have extended to Anglo American and Mitsubishi’s $5 billion Quellaveco project, in the neighbouring region of Moquegua.
 

Arsenic: Will it take the shine off the red metal?

16 August 2019 Time: 13:20
With environmental regulations becoming increasingly stringent, arsenic looks set to pile ever more pressure on copper producers.
 

Machines to replace a third of workforce at Chuquicamata mine

15 August 2019 Time: 14:38
Machines are taking over a giant Chilean copper mine, replacing about a third of the workforce as owner Codelco struggles to keep its title as the world’s largest producer of the metal.
 

Anti-mining protests in Peru threaten $5bn Quellaveco copper project

16 August 2019 Time: 14:53
Ongoing anti-mining protests in Peru, triggered by the recent approval of a now halted construction permit for Southern Copper’s (NYSE:SCCO) $1.4 billion Tia Maria project in Arequipa, have extended to Anglo American and Mitsubishi’s $5 billion Quellaveco project, in the neighbouring region of Moquegua.
 

India coated steel: Monsoon rains hit demand

7 August 2019 Time: 22:09
India's coated steel prices fell this week, as monsoon rains slowed construction activity.
 

Yazd’s Mahdiabad three-month lead, zinc mineral output tops 140,000 tons

5 August 2019 Time: 21:59
Mahdiabad Mineral Complex extracted 141,976 tons of lead and zinc minerals during March 21-June 21, according to figures released by Iranian Mines & Mining Industries Development & Renovation Organization (IMIDRO) on Sunday.
 

Anti-mining protests in Peru threaten $5bn Quellaveco copper project

16 August 2019 Time: 14:53
Ongoing anti-mining protests in Peru, triggered by the recent approval of a now halted construction permit for Southern Copper’s (NYSE:SCCO) $1.4 billion Tia Maria project in Arequipa, have extended to Anglo American and Mitsubishi’s $5 billion Quellaveco project, in the neighbouring region of Moquegua.
 

Africa’s biggest fund manager sees gold boom in West Africa

16 August 2019 Time: 14:50
Africa’s largest money manager sees “significant investment opportunities” in West African gold mining as the industry at the southern end of the continent declines.
 

K92 Mining ups 2019 production guidance

16 August 2019 Time: 14:47
K92 Mining (TSXV: KNT) reported on Thursday its operating and financial results for the second quarter, during which the Vancouver-based gold miner saw record tonnes processed and achieved total production of 19,652 oz gold-equivalent (AuEq) from the Kora North deposit with cash costs of $551/oz gold and AISC of $681/oz gold.
 

India: Ferro Silicon Prices fall by INR 1000/MT amid thin trading activities

16 August 2019 Time: 13:02
Ferro Silicon Prices in India fell on persistent low demand in line with a lackluster Stainless and Steel market in India. Producers in Bhutan reduced the prices to clear up the inventories and generate sales.
 

India: Ferro Chrome Price Increases on Currency Depreciation

15 August 2019 Time: 13:36
Indian Ferro Chrome Prices have gone up in the recent past few weeks owing to better realizations in the export market along with higher Nickel prices and improvement in demand from Stainless Steel.
 

India: OMC Lowers Chrome Ore Base Price by 5% for August Auctions

15 August 2019 Time: 13:29
The Odisha Mining Corporation Ltd intends to sell various grades of chrome ore (friable) produced at South Kaliapani chromite mines and Sukrangi chromite mines of OMC Ltd in the Sukinda valley of JK Road Region, Jajpur Dist Odisha.
MINERALS
 

Turkey: Steel Import Statistics H1 2019

17 August 2019 Time: 22:23
Turkey, the world’s largest ferrous scrap importer, has observed increase in imports of ferrous scrap, Iron ore, Semi finish & Finish products in Q2’19 on a quarterly basis, as per recent data released by the customs department. The country's crude steel production recorded at 16.99 MnT in H1’19, down 10% as against 18.86 MnT in H1’18.
 

Australia Iron Ore Export Shipments Down 7% in July’19

17 August 2019 Time: 21:32
Australia - world's largest iron ore exporter has recorded fall in iron ore shipment in July’19, according to the vessel line up data maintained with SteelMint. Australia's iron ore export shipments recorded at 71.03 MnT in July'19, down 7% as compared to 76.31 MnT in June’19.
 

Indian Steel Market Weekly Snapshot

17 August 2019 Time: 21:25
Indian Steel prices were down trend during the Week -32 (3-10 Aug'19) over limited spot trades. However by the end of week, the prices have gain momentum on slight improved demand in Northern India.
 

Turkey: Steel Import Statistics H1 2019

17 August 2019 Time: 22:23
Turkey, the world’s largest ferrous scrap importer, has observed increase in imports of ferrous scrap, Iron ore, Semi finish & Finish products in Q2’19 on a quarterly basis, as per recent data released by the customs department. The country's crude steel production recorded at 16.99 MnT in H1’19, down 10% as against 18.86 MnT in H1’18.
 

Coal’s last healthy market fades as trade woes weigh on steel

16 August 2019 Time: 14:39
One of the few remaining bulwarks propping up the US coal industry is languishing.
 

China increases Russian coal imports

15 August 2019 Time: 18:50
China's first-half receipts of Russian thermal coal rose by 15pc from a year earlier to 9.4mn t, Chinese customs data show, with imports of bituminous coal registering the most significant growth. Russian suppliers benefited from restrictions on imports of Australian coal imposed by the Chinese government.
 

FCB Horomill®: 25-year history told by Buzzi Unicem

15 February 2019 Time: 19:48
In the February issue of International Cement Review, Buzzi Unicem reviews its cooperation with Fives in the development of the FCB Horomill® technology.
 

RMA cementing alliances in northwestern BC

31 January 2019 Time: 17:28
A partnership of First Nations, exploration companies and provincial government representatives is working well, as the three groups collaborate to progress mineral exploration and mining in northwest British Columbia.
 

REFRAJET® Addmix: An innovative injection system

27 November 2017 Time: 14:29
The REFRAJET® Addmix technology is an innovative injection system that was developed specifically for the installation of cement-free sol-gel bonded refractory concretes of the REFRAJET® Nanobond type.
 

HDGL#2 commissioned at Hoa Phat, Vietnam

29 July 2019 Time: 20:53
Danieli and Hoa Phat Steel Sheet successfully produced the first coil from Hot Dip Galvanizing Line #2 at the Pho Noi A facility.
 

World record: Ultra-thin hot rolled strip with a thickness of 0.6 millimeters produced on Arvedi ESP line supplied by Primetals Technologies

29 January 2019 Time: 18:30
In October 2018, an Arvedi ESP (Endless Strip Production) line installed in a plant belonging to the Chinese steel producer Rizhao Steel Group Co., Ltd (Rizhao) produced ultra-thin hot strip with a thickness of just 0.6 millimeters for the very first time.
 

Outotec to deliver a mine paste backfill system to Canada

29 January 2019 Time: 18:10
Outotec has been awarded a contract to design and deliver a mine paste backfill system to a nickel mine in Canada.
 

India: Sarda Energy and Mineral Pellet Production Up in Q1 FY'20

17 August 2019 Time: 22:38
Sarda Energy and Mineral Limited - one of the integrated steel producer based in central India has released its operational results for the first quarter of FY’20 ending Jun'19.
 

Africa’s biggest fund manager sees gold boom in West Africa

16 August 2019 Time: 14:50
Africa’s largest money manager sees “significant investment opportunities” in West African gold mining as the industry at the southern end of the continent declines.
 

K92 Mining ups 2019 production guidance

16 August 2019 Time: 14:47
K92 Mining (TSXV: KNT) reported on Thursday its operating and financial results for the second quarter, during which the Vancouver-based gold miner saw record tonnes processed and achieved total production of 19,652 oz gold-equivalent (AuEq) from the Kora North deposit with cash costs of $551/oz gold and AISC of $681/oz gold.
Auto
 

Malaysia allows Lynas to continue operating rare earths plant for six months

16 August 2019 Time: 14:41
Malaysia has granted Australia’s Lynas Corp (ASX: LYC) an extension on its operating licence for a rare earths processing plant, subject to various conditions and valid only for six months, keeping alive concerns about the miner’s fate in the Southeast Asian country.
 

GM becomes first major auto company in history to have a female CEO and a female CFO

16 August 2019 Time: 12:35
Let's be clear: there are many, many women working and thriving in the global auto industry. Quite a few are also on leadership positions, with titanic responsibilities.
 

Auto part makers calling for Industry Ministry’s new policies

13 August 2019 Time: 23:09
Domestic auto part manufacturers want Industry Ministry to make new policies that facilitate their activities, the secretary of Iranian Auto Part Manufacturers Association told IRNA on Saturday.
ECONOMY
 

Commodities worth $309m traded at IME in a week

29 July 2019 Time: 21:07
During weekdays ending up to July 25, approximately, 258.145 million tons (MT) of commodities worth over $309 million were traded at Iran Mercantile Exchange (IME).
 

Stock market value reaches $285.7b

22 July 2019 Time: 21:39
The value of stock market in Iran reached 12.282 quadrillion rials (about $285.714 billion) at the end of the third Iranian calendar month of Khordad (June 21), Securities and Exchange Organization (SEO) published on its website SENA on Sunday.
 

IRENEX to hold 13th round of offering light crude oil on Tuesday

22 July 2019 Time: 21:20
National Iranian Oil Company (NIOC) will offer two million barrels of light crude oil at Iran Energy Exchange (IRENEX) on Tuesday, IRNA reported.
 

IRENEX to hold 7th round of heavy crude oil offering

13 August 2019 Time: 23:00
National Iranian Oil Company (NIOC) will offer two million barrels of heavy crude oil at Iran Energy Exchange (IRENEX) on Tuesday, IRNA reported.
 

Iranian Gasoline Sold at IRENEX

6 August 2019 Time: 17:26
Iran has offered 10,000 tons of gasoline for sale in the international ring of the Iran Energy Exchange (IRENEX).
 

Majlis Willing to Allow Cheaper Oil Trade via Iran Energy Exchange

29 July 2019 Time: 20:29
Amember of the Majlis Energy Commission says parliament is willing to approve rules that allow the government to offer crude oil in Iran Energy Exchange at discounted rates.
 

NIOC: Iran to present oil at stock exchange for sixth time

17 August 2019 Time: 23:33
The National Iranian Oil Company (NIOC) announced on Saturday that the sixth round of introducing Iran’s crude oil at the stock exchange will start as of August 21st.
 

TSE main index surpasses 261,000 points

16 August 2019 Time: 11:58
Tehran Stock Exchange (TSE) main index (TEDPIX) gained 4,352 points on Wednesday to reach 261,441, IRIB reported.
 

PGPIC chief: Iran eyes flotation for two more petrochemical companies

13 August 2019 Time: 23:56
Iran is planning to float two more petrochemical companies in the stock market as it seeks to finance expansion projects in the oil and gas industry amid US unilateral sanctions that have affected government coffers.
 

Startups Enter Insurance Industry

28 July 2019 Time: 21:23
Insurance industry plans to allow startups to handle 10% of Iran’s insurance market in the current fiscal year that started on March 21, said the head of Central Insurance company of Iran.
 

Official: Iran’s Insurance Industry Unaffected by Sanctions

5 December 2018 Time: 20:14
Director of the Central Insurance of Iran said the country’s insurance industry has successfully avoided being affected by the anti-Iran sanctions.
 

Life Insurance in Iran Underdeveloped

25 November 2017 Time: 12:27
The share of life insurance in the overall portfolio of the Iranian insurance industry is meager, a fact that a board member of Middle East Insurance Company, which specializes in life insurance, ascribes to the lack of an insurance culture in the country.
 

Ministry official: Over 4,600 knowledge-based firms operating in Iran

17 August 2019 Time: 23:14
More than 4,600 new technology-based firms are currently operating in Iran, 46 percent of which are manufacturing or industrial units that take credit for some 80 percent of the profits yielded by the country’s knowledge-based enterprises, a Ministry of Industry, Mine and Trade of Iran official said.
 

Industry ministry to revive 2,000 idle production units

17 August 2019 Time: 22:35
Iranian Industry, Mining and Trade Ministry plans to revive 2,000 idle production units by the end of the current Iranian calendar year (March 20, 2020), IRIB reported.
 

Malaysia allows Lynas to continue operating rare earths plant for six months

16 August 2019 Time: 14:41
Malaysia has granted Australia’s Lynas Corp (ASX: LYC) an extension on its operating licence for a rare earths processing plant, subject to various conditions and valid only for six months, keeping alive concerns about the miner’s fate in the Southeast Asian country.
 

Cryptocurrency campaign seeks to help Iran flood victims

17 August 2019 Time: 23:43
An independent campaign has been launched in Iran in order to attract international aid in cryptocurrency for flood victims in the face of US sanctions which have choked off foreign funds.
 

CBI sees stable currency market after turbulent year

17 August 2019 Time: 22:43
Governor of Central Bank of Iran (CBI) said the currency market is moving toward stability and predictability after a year of turmoil, IRNA reported.
 

Over €6.5b of non-oil income injected to NIMA since March

16 August 2019 Time: 11:56
Iran’s non-oil exporters injected €6.68 billion of their revenues into the Forex Management Integrated System, locally known as NIMA, since the beginning of the current Iranian calendar year (March 21) up to August 11.
 

Uzbekistan welcomes Iranian investment in its economy

13 August 2019 Time: 23:05
Uzbekistan’s Prime Minister Abdulla Nigmatovich Aripov said his country welcomes Iranian investors and private sector’s contribution to its economy, Tasnim news agency reported on Monday.
 

Investment worth €600m underway for Sungun Copper Mine development

5 August 2019 Time: 23:08
Development projects worth 600 million euros are underway in Sungun Copper Mine in the northwestern province of East Azarbaijan, announced the minister of industry, mine and trade on Saturday.
 

Minister: Iran keen on supporting foreign investors in mining, industrial projects

5 August 2019 Time: 21:57
Iran is keen on providing special support to foreign investors willing to participate in the implementation of domestic mining and industrial sectors’ projects.
 

Iran to Further Solidify Economic Infrastructures against Foreign Plots

28 July 2019 Time: 22:16
Iran will undertake a new measure to contain foreign-backed shocks against its economy with operationalizing the long-anticipated initiative of Integrated Currency Market by mid-August, in a bid to strengthen its economic system in the face of foreign interventions.
 

Iran Railroad Expansion: Accomplishments, Grand Plans

18 April 2018 Time: 17:13
In the last few years, Iran has demonstrated its strong political will to reemerge as a regional transportation hub.
 

Chinese Company to Supply 630 Cars for Tehran Subway

14 March 2018 Time: 22:45
China Railway Rolling Stock Corporation Changchun Railway Company (CRRC CRC) and Tehran Wagon Company have won the tender to build and supply 630 cars for Tehran’s Subway on Wednesday.
 

Official: Value of Sistan-Baluchestan's four-month exports up 76%

17 August 2019 Time: 23:35
The southeastern Iranian province of Sistan-Baluchestan exported products worth more than $337 million during March 21-July 22, 2019, indicating a 76-percent growth year-on-year.
 

Russia eyes Iran’s Chabahar to transit goods

17 August 2019 Time: 22:50
Russia is seeking to use Iran’s Chabahar port in order to transit goods to other countries especially to the Indian subcontinent, Tasnim reported, quoting Sergei Milushkin, managing director of Astrakhan Special Economic Zone in Russia, as saying.
 

India's Scrapped Ship Import Volume Increases 33% in July

16 August 2019 Time: 14:23
Alang - Gujarat, has registered sharp growth in imports of scrapped ships in Jul'19 and the volume reached 7 months high since Dec'18, as per custom data maintained by SteelMint.
 

Cryptocurrency campaign seeks to help Iran flood victims

17 August 2019 Time: 23:43
An independent campaign has been launched in Iran in order to attract international aid in cryptocurrency for flood victims in the face of US sanctions which have choked off foreign funds.
 

Official: Value of Sistan-Baluchestan's four-month exports up 76%

17 August 2019 Time: 23:35
The southeastern Iranian province of Sistan-Baluchestan exported products worth more than $337 million during March 21-July 22, 2019, indicating a 76-percent growth year-on-year.
 

China resumes work on three key projects in Iran despite US sanctions

17 August 2019 Time: 23:30
China has reengaged with Iran on three key projects despite US sanctions on the Islamic Republic, the Oil Price quoted a senior oil and gas industry source who works closely with the Iranian Oil Ministry.
GEOLOGY
 

Old Nakhlak has become young!

25 May 2019 Time: 11:47
Me-Metals: Behrouz Borna; member of Iran Minerals Production and Supply Company (IMPASCO) board of directors said: Regarding high attention of IMPASCO to the exploration sectors and extensive exploration operations in some parts of country, we have been able to convert Lead mine of Nakhlak which didn’t have harvestable resources before and had been changed to old Nakhlak, to young Nakhlak through exploring new resources.
 

India: Karnataka Govt Invites Bid for 4 Iron Ore Blocks

22 May 2019 Time: 12:51
Department of Mines and Geology (Govt. of Karnataka) has floated the tender for auctioning of 4 iron ore blocks in Karnataka for its 4th phase.
 

Old Nakhlak has become young!

29 April 2019 Time: 12:34
ME-METALS – Behrouz Borna; member of Iran Minerals Production and Supply Company (IMPASCO) board of directors said: regarding high attention of IMPASCO to exploration sectors and extensive exploration operations in some parts of the country, we have been able to convert Lead mine of Nakhlak which didn’t have harvestable resources before and had been changed to old Nakhlak, to young Nakhlak through exploring new resources.
ENVIRONMENT
 

Green Steel: How Arkansas Became Home To America's Cleanest And Fastest-Growing Steelmaker

16 August 2019 Time: 13:44
Inside cavernous blue hangars set on 1,100 acres of what was once soy fields abutting the Mississippi River, a succession of 300-ton scrap-filled buckets—the remains of old cars and refrigerators—await their turn at the furnace. Wailing sirens pierce the deafening rumble, and sparks fly as blindingly yellow flames rise up from the glowing ladle.
 

India: Goa DMG Notifies Lots for 22nd Iron Ore E-auction

15 August 2019 Time: 13:43
Directorate of Mines & Geology (DMG), govt. of Goa has notified lots for upcoming e-auctions. Majority of the quantity put under auction is of low-grade with highest grade reaching Fe 60.89%. Out of the total offered quantity, 4.04 MnT is ROM ranging from Fe 27.6-60.89%, 1.013 MnT is fines having Fe content 18.6-60% and 0.279 MnT is lump ranging from Fe 38.94-58%.
 

EPA grants 31 Renewable Fuel Standard waivers: Update

12 August 2019 Time: 21:35
Prices for US renewable fuel blending credits plunged today ahead of the Environmental Protection Agency's (EPA) approval of 31 exemptions for small refineries of their federal biofuel obligations for 2018.
ENERGY
 

NIOC: Iran to present oil at stock exchange for sixth time

17 August 2019 Time: 23:33
The National Iranian Oil Company (NIOC) announced on Saturday that the sixth round of introducing Iran’s crude oil at the stock exchange will start as of August 21st.
 

China resumes work on three key projects in Iran despite US sanctions

17 August 2019 Time: 23:30
China has reengaged with Iran on three key projects despite US sanctions on the Islamic Republic, the Oil Price quoted a senior oil and gas industry source who works closely with the Iranian Oil Ministry.
 

Iranian oil minister mocks Trump’s claim on Middle East oil

17 August 2019 Time: 23:27
Iranian Oil Minister Bijan Namdar Zanganeh mocked US President Donald Trump’s claim that his country does not need Middle East oil and natural gas “anymore”.
 

Iranian oil minister mocks Trump’s claim on Middle East oil

17 August 2019 Time: 23:27
Iranian Oil Minister Bijan Namdar Zanganeh mocked US President Donald Trump’s claim that his country does not need Middle East oil and natural gas “anymore”.
 

SZOGPC self-sufficient in manufacturing, repairing oil industry equipment

16 August 2019 Time: 11:53
South Zagros Oil and Gas Production Company, a subsidiary of the National Iranian Oil Company, has manufactured or repaired the 521 items needed in the oil and gas industry. SZOGPC’s operations director, Seyed Mahmoud Mirbagheri said on Tuesday that 499 of the company’s needed items were supplied by domestic contractors.
 

CEO: Iranian firm wins tender to develop SP Phase 14

13 August 2019 Time: 23:59
Iran’s Petropars Operation and Management Company (POMC) has won a tender to develop and put into operation the Phase 14 of the South Pars (SP) Gas Field in southern Iran, said the firm’s managing director.
 

Iran’s daily gasoline output exceeds 100m liters

16 August 2019 Time: 11:41
Gasoline production in Iran has exceeded 100 million liters per day, according to the chairman of the Association of Iranian Refining Companies.
 

PdV, Sulzer to swap refinery work for products

15 August 2019 Time: 19:00
Venezuelan state-owned PdV is preparing to sign a barter agreement with Swiss contractor Sulzer to repair its refineries in exchange for the supply of fuel oil, asphalt and petroleum coke, according to presidential palace, oil ministry and PdV officials in Venezuela.
 

CEO: Iranian firm wins tender to develop SP Phase 14

13 August 2019 Time: 23:59
Iran’s Petropars Operation and Management Company (POMC) has won a tender to develop and put into operation the Phase 14 of the South Pars (SP) Gas Field in southern Iran, said the firm’s managing director.
 

China resumes work on three key projects in Iran despite US sanctions

17 August 2019 Time: 23:30
China has reengaged with Iran on three key projects despite US sanctions on the Islamic Republic, the Oil Price quoted a senior oil and gas industry source who works closely with the Iranian Oil Ministry.
 

Nan Ya shuts down No.1 MEG unit

15 August 2019 Time: 18:52
Taiwan's Nan Ya Plastics is shutting down its No.1 MEG unit at Mailiao today for scheduled maintenance.
 

PGPIC chief: Iran eyes flotation for two more petrochemical companies

13 August 2019 Time: 23:56
Iran is planning to float two more petrochemical companies in the stock market as it seeks to finance expansion projects in the oil and gas industry amid US unilateral sanctions that have affected government coffers.
 

RCUWM governing board to gather in Tehran in early Dec.

13 August 2019 Time: 23:01
The 10th meeting of the UNESCO Regional Centre on Urban Water Management (RCUWM)’s governing board is slated to be held in Tehran on December 5, IRNA reported, quoting a water official.
 

Water Treatment Plant for County in Kohkilouyeh-Boyer-Ahmad

6 August 2019 Time: 17:11
Awater treatment plant with a capacity of 1,200 cubic meters opened in underdeveloped Sarfaryab District in Charam County, Kohkilouyeh-Boyer-Ahmad Province, managing director of the provincial regional water company said.
 

Iran’s Q1 hydropower output up 415% on year

2 August 2019 Time: 15:39
The electricity output of Iran’s hydroelectric power plants exceeded 12,000 megawatts (MW) in the first three months of the current Iranian calendar year (March 21-June 21), 415 percent more than the figure for last year’s same period, IRIB reported on Wednesday.
 

Iran, Afghanistan considering energy projects in border areas

17 August 2019 Time: 22:54
Iran and Afghanistan are considering realization of 16,000 megawatts potential of renewable energy projects in border areas, IRNA reported.
 

21 new power plants to go operational by March 2020

17 August 2019 Time: 22:40
Iranian Energy Minister Reza Ardakanian said 21 new power plant projects worth 210 trillion rials ($5 billion) will go operational by the end of the current calendar year (March 20, 2020) to add 3000 megawatts (MW) to the country’s power generation capacity.
 

The largest wind power plant in Africa has opened in Kenya

16 August 2019 Time: 12:47
Kenya has unveiled Africa’s largest wind power plant, a project aimed at reducing electricity costs and dependence on fossil fuels and moving the nation to meet its ambitious goal of 100% green energy next year.
 

Fordow nuclear site one of most active nuclear sites of Iran: Salehi

13 August 2019 Time: 23:25
The head of the Atomic Energy Organization of Iran, Ali Akbar Salehi said, “Fordow nuclear site is one of the most active nuclear sites of Iran and its cooperation with different states, such as Russia is underway within the Joint Comprehensive Plan of Action (JCPOA), providing infrastructural scientific and technical needs of nuclear industry and other industries”.
 

Iran Resolved to Continue Reducing Nuclear Commitments: President

6 August 2019 Time: 17:38
Iranian President Hassan Rouhani highlighted reasons behind the country’s moves to reduce its commitments under the 2015 nuclear deal, known as JCPOA, and said the reduction of obligations will continue if other parties to the deal fail to meet their obligations.
 

UK Seizure of Iranian Oil Tanker Violation of JCPOA: Deputy FM

29 July 2019 Time: 21:16
Iranian Deputy Foreign Minister for Political Affairs Seyed Abbas Araqchi described the UK government’s move to capture a supertanker laden with Iranian oil near the coast of Gibraltar as a breach of the 2015 nuclear deal, known as the Joint Comprehensive Plan of Action (JCPOA).
 

The largest wind power plant in Africa has opened in Kenya

16 August 2019 Time: 12:47
Kenya has unveiled Africa’s largest wind power plant, a project aimed at reducing electricity costs and dependence on fossil fuels and moving the nation to meet its ambitious goal of 100% green energy next year.
 

World Energy Needs Can Be Powered by Farmland

15 August 2019 Time: 19:08
An Oregon State University study, published in the journal Scientific Reports, has found that if less than 1% of agricultural land was converted to solar panels, it would be sufficient to fulfill the global electric energy demand.
 

EPA grants 31 Renewable Fuel Standard waivers: Update

12 August 2019 Time: 21:35
Prices for US renewable fuel blending credits plunged today ahead of the Environmental Protection Agency's (EPA) approval of 31 exemptions for small refineries of their federal biofuel obligations for 2018.
 

Danish Firm Will Join Japan Offshore Wind Projects

21 January 2019 Time: 15:31
Tokyo Electric Power Company Holdings has signed a memorandum of understanding with Danish energy business Orsted to work together on offshore wind projects.
 

Sportswear Giant Signs Second Wind Power Deal

21 January 2018 Time: 23:24
Sportswear giant Nike has signed its second major wind power agreement with Avangrid Renewables. The deal is for 86 megawatts of wind power from the Karankawa Wind Farm in Bee and San Patricio counties in Texas.
 

Google to Meet All Energy Needs From Clean Power

2 December 2017 Time: 12:55
Google, the biggest corporate buyer of renewable energy, is buying even more—536 megawatts of wind power from four power plants.
 

21 new power plants to go operational by March 2020

17 August 2019 Time: 22:40
Iranian Energy Minister Reza Ardakanian said 21 new power plant projects worth 210 trillion rials ($5 billion) will go operational by the end of the current calendar year (March 20, 2020) to add 3000 megawatts (MW) to the country’s power generation capacity.
 

The largest wind power plant in Africa has opened in Kenya

16 August 2019 Time: 12:47
Kenya has unveiled Africa’s largest wind power plant, a project aimed at reducing electricity costs and dependence on fossil fuels and moving the nation to meet its ambitious goal of 100% green energy next year.
 

North Yaran oilfield to increase output

16 August 2019 Time: 12:00
Installing the second Electric Submersible Pump (ESP) in the well No.4 of the North Yaran oilfield is going to increase the field’s output by 1,000 barrels per day (bpd), Shana reported on Wednesday.
 

India: Sarda Energy and Mineral Pellet Production Up in Q1 FY'20

17 August 2019 Time: 22:38
Sarda Energy and Mineral Limited - one of the integrated steel producer based in central India has released its operational results for the first quarter of FY’20 ending Jun'19.
 

Malaysia allows Lynas to continue operating rare earths plant for six months

16 August 2019 Time: 14:41
Malaysia has granted Australia’s Lynas Corp (ASX: LYC) an extension on its operating licence for a rare earths processing plant, subject to various conditions and valid only for six months, keeping alive concerns about the miner’s fate in the Southeast Asian country.
 

NIOC research directorate to conduct 25 major projects

16 August 2019 Time: 11:47
Head of the National Iranian Oil Company (NIOC) Research and Technology Directorate said his office is going to conduct 25 major research projects worth nearly 700 billion rials (about $16 million).
Transportation
 

Iran to Become Plane Parts Maker in 7 Years

6 August 2019 Time: 17:51
Iran's aerospace firms can become suppliers of spare parts for planes in the near future, an official said, adding that the country could even export spare parts to other world states at a later stage.
 

Iranian airlines to offer satellite-based in-flight Wi-Fi: Official

5 August 2019 Time: 22:08
A senior Iranian transportation official said airlines in the country are preparing to offer satellite-based in-flight Wi-Fi service as access to high-speed Internet during flights becomes more necessary for passengers.
 

Iran, Oman to Expand Airport Cooperation

15 July 2019 Time: 23:01
An Iranian airline and an Omani holding company signed an agreemnt to increase bilateral relations and joint cooperation in airport services.
 

Iran, Russia, Azerbaijan to set up INSTC working group

17 August 2019 Time: 21:26
In a meeting on Thursday, transport ministries of Iran, Russia and Azerbaijan agreed to form a working group in order to activate the International North–South Transport Corridor (INSTC).
 

Iran, Georgia sign transportation MoU

5 August 2019 Time: 23:10
Iran and Georgia signed a memorandum of understanding (MoU) on the development of transportation in Tbilisi on Thursday.
 

New Timeline for Tehran-North Freeway Completion

29 July 2019 Time: 20:05
The construction of Section-1 of Tehran-North Freeway has made 95.5% progress and the project is expected to come on stream by the end of summer (Sept. 22), according to the newly-appointed head of Mostazafan Foundation.
 

Russia eyes Iran’s Chabahar to transit goods

17 August 2019 Time: 22:50
Russia is seeking to use Iran’s Chabahar port in order to transit goods to other countries especially to the Indian subcontinent, Tasnim reported, quoting Sergei Milushkin, managing director of Astrakhan Special Economic Zone in Russia, as saying.
 

Australia Iron Ore Export Shipments Down 7% in July’19

17 August 2019 Time: 21:32
Australia - world's largest iron ore exporter has recorded fall in iron ore shipment in July’19, according to the vessel line up data maintained with SteelMint. Australia's iron ore export shipments recorded at 71.03 MnT in July'19, down 7% as compared to 76.31 MnT in June’19.
 

India's Scrapped Ship Import Volume Increases 33% in July

16 August 2019 Time: 14:23
Alang - Gujarat, has registered sharp growth in imports of scrapped ships in Jul'19 and the volume reached 7 months high since Dec'18, as per custom data maintained by SteelMint.
 

Iranian section of Khaf-Herat railroad to be built by March 2020

17 August 2019 Time: 21:29
Transport and Urban Development Deputy Minister Abbas Khatibi said construction of the Iranian section of the Khaf-Herat railway will be completed by the end of the current Iranian calendar year (March 20, 2020).
 

Iran, Russia, Azerbaijan to set up INSTC working group

17 August 2019 Time: 21:26
In a meeting on Thursday, transport ministries of Iran, Russia and Azerbaijan agreed to form a working group in order to activate the International North–South Transport Corridor (INSTC).
 

Passenger transport via railway up 4.7% in 4 months on year

13 August 2019 Time: 22:40
The number of passengers carried on Islamic Republic of Iran Railways (known as RAI) in the first four months of the current Iranian calendar year (March 21-July 22) increased by 4.7 percent on year.
 

Iran, Georgia sign transportation MoU

5 August 2019 Time: 23:10
Iran and Georgia signed a memorandum of understanding (MoU) on the development of transportation in Tbilisi on Thursday.
 

Transport Development Fund set up in Iran

2 August 2019 Time: 14:40
Establishment of the Transport Development Fund of Iran as a state-run company was officially started by Iranian First Vice President Es’haq Jahangiri as the Ministry of Transport and Urban Development was notified with the statute of the company.
 

Iran-Turkmenistan Gas Case Still Open

30 July 2019 Time: 16:25
The National Iranian Gas Company (NIGC) said that the gas case between NIGC and Türkmengaz Company was still being considered in the International Court of Arbitration.
Housing & Building
 

Iran’s int’l stone expo to host 6,000 businesspeople

5 August 2019 Time: 22:06
More than 6,000 businesspeople active in the field of decorative stones from around the world will take part at the 12th edition of Iran Stone Expo 2019 in early October, an official said.
 

Over 6,500 stone processing units operating across Iran

22 July 2019 Time: 21:04
Director General of Mineral Industries Office of the Ministry of Industry, Mining and Trade Seifollah Amiri said over 6500 stone processing units are currently active across the country, 500 of which are exporting to global markets.
 

The Essentiality of the Development of the Industry of Paper Production from Stones

10 June 2019 Time: 23:30
Me-Metals: The executor of the sodium carbonate paper production plan of Aligoodarz emphasized the need in the development of paper production industry from stones in the country.
 

Iran's Trade With Turkmenistan Tops $300m

29 January 2019 Time: 15:55
Iran traded $312 million worth of commodities with Turkmenistan during the 10 months to Jan. 20, according to Iran's commercial attaché to Turkmenistan.
 

Iran, Iraq in Talks to Ink Currency Swap Deal: Official

18 November 2018 Time: 18:51
Chairman of Iran-Iraq Chamber of Commerce Yahya Ale-Ishaq said the two countries are in negotiations to finalize a currency swap agreement in a bid to boost trade ties between the two neighboring countries.
 

Concrete, Mortar Mixers Imported

10 October 2017 Time: 16:16
Concrete and mortar mixers weighing more than 711 tons and worth 51.55 billion rials ($1.6 million) were imported into Iran during the five months to Aug.
 

Iran’s int’l stone expo to host 6,000 businesspeople

5 August 2019 Time: 22:06
More than 6,000 businesspeople active in the field of decorative stones from around the world will take part at the 12th edition of Iran Stone Expo 2019 in early October, an official said.
 

Iran ConFair 2019 running in Tehran

29 July 2019 Time: 21:11
The 19th edition of Iran’s International Exhibition of Building and Construction Industry (Iran ConFair 2019) kicked off at Tehran Permanent International Fairgrounds on Sunday.
 

Construction Permits Decline in Q3

2 July 2019 Time: 16:43
The number of construction permits issued in Iran decreased during the third quarter of the last fiscal year that ended on Dec. 21, 2018, compared with the preceding quarter (ended Sept. 22, 2018), the Statistical Center of Iran's latest report showed.
 

Tehran City’s real estate deals down 64.6% in a month on year

29 July 2019 Time: 21:44
The number of real estate deals in Tehran City fell 64.6 percent in the fourth Iranian calendar month of Tir (June 22-July 22), compared to the same month in the past year, IRIB reported citing the data released by Central Bank of Iran (CBI).
 

Iran's private sector ready to contribute to Iraq’s reconstruction

2 August 2019 Time: 14:45
Iran Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA) hosted a gathering on Tuesday between representatives of Iran and Iraq’s private companies active in the construction industry, the ICCIMA portal reported.
 

Iran ConFair 2019 running in Tehran

29 July 2019 Time: 21:11
The 19th edition of Iran’s International Exhibition of Building and Construction Industry (Iran ConFair 2019) kicked off at Tehran Permanent International Fairgrounds on Sunday.
 

MCC Raises Loan Ceiling for Rural Housing and Jobs

18 May 2019 Time: 14:41
The Money and Credit Council - a top financial decision-making body affiliated to the Central Bank of Iran - approved a decision Wednesday to raise the ceiling of loans allocated for renovating rural residential units and interest-free loans for job creation.
Sciences
 

MIDHCO received the silver trophy of the sixth conference on Iranian Mines and Mining Industries Productivity Award

20 June 2019 Time: 13:53
Me-Metals – The ceremony of the sixth conference on Iranian Mines and Mining Industries Productivity Award was held with the motto “productivity as the foundation of competiveness in the national economy” on 27 Khordad, 1398 (17 June 2019) by the Iranian Mines and Mining Industries Development and Renovation Organization (IMIDRO) at the Eram Hotel in Tehran, Iran.
 

MSC wins award for management of innovation and technology

17 April 2019 Time: 11:08
A 6th edition of Iran National Award for Management of Innovation and Technology (IRAMIT) has handed its award for management of innovation and technology to Mobarakeh Steel Company (MSC).
 

Mobarakeh teachers have their own educational center, jointly built by MSC

17 April 2019 Time: 11:00
An education-welfare center for teachers was launched in Mobarakeh on Benevolence Day (March 5), with the education minister in attendance.
 

Nahid 1 satellite ready to be released into orbit of 250km above earth

17 August 2019 Time: 22:59
Nahid 1 sattelite will be handed over to Iran’s Defense Ministry in upcoming days and the ministry has planned to launch it, Iran's Minister of Communications and Information Technology Mohammad Javad Azari Jahromi said.
 

“Aluminium LeaderSpeak 2019”- How it created buzz on the internet in just about a month

6 August 2019 Time: 18:05
In the digital marketing industry, all product outcomes are measurable and transparent to the viewers. Hence, after the successful launch of our latest e-magazine “Aluminium LeaderSpeak 2019”, we thought of sharing with our readers the performance statistics of the same. While our very first e-magazine is generating overwhelming responses among the industry circle, starting from bauxite miners to alumina refineries to aluminium smelters, it is creating significant buzz on the world of internet.
 

Nouryon acquires China’s largest producer of triethyl aluminium

30 July 2019 Time: 16:31
Nouryon acquired Zhejiang Friend Chemical Co. (Friend), the largest producer of triethyl aluminium (TEAL) in China. TEAL is a metal alkyl used in the production of polypropylene and polyethylene.
 

Elecomp 2019 Set to Curb Paper Consumption

9 July 2019 Time: 19:57
To outline plans for the 25th International Exhibition of Electronics, Computers and e-Commerce (Elecomp 2019), Iran IT Organization and the ICT Guild Organization held a conference in Tehran on Saturday.
 

Minister: Iran, China United against US Unilateralism in IT Sector

30 June 2019 Time: 19:56
Iranian Minister of Communications and Information Technology Mohammad Javad Azari Jahromi described China as Iran's important partner in digital economy, and said both states are standing in the same front to confront the US unilateralism in the field of information technology (IT).
 

Cyber Police to Help Stop Ad Message Spammers

3 June 2019 Time: 23:12
Iranian Cyber Police will counter companies sending advertisements to mobile network subscribers, Communications Regulatory Authority announced.
 

MSC Selected Asia’s 11th Most Admired Knowledge Enterprise

11 December 2017 Time: 21:34
Iran’s largest steelmaker, Mobarakeh Steel Company, has been selected as Asia’s 11th Most Admired Knowledge Enterprise in 2017.
 

University study confirms porphyry systems at Jaxon’s BC project

14 July 2019 Time: 17:45
Quartz tourmaline breccia has been identified as indicative of porphyry systems at Jaxon Mining’s (TSXV: JAX) Red Springs project in western Canada.
 

Amirkabir University to Launch Tech Complex

18 May 2019 Time: 14:31
Tehran-based Amirkabir University of Technology plans to launch a technology complex in collaboration with the state-owned Bank of Industry and Mine.
 

Sharif University Wins ICPC Bronze Medal

8 April 2019 Time: 16:31
A computer programming team from Tehran’s Sharif University of Technology won a bronze medal during the 43rd round of the International Collegiate Programming Contest (ICPC 2019). The contest was held in Portugal from March 31-April 5.
 

Iran to Become Plane Parts Maker in 7 Years

6 August 2019 Time: 17:51
Iran's aerospace firms can become suppliers of spare parts for planes in the near future, an official said, adding that the country could even export spare parts to other world states at a later stage.
 

India Launches 2nd Mission to Moon

23 July 2019 Time: 14:35
India on Monday launched an ambitious mission to soft-land on the surface of the moon and deploy a rover, seeking to become only the fourth country to do so after Russia, the US and China.
 

Iranian Tech Firms to Participate in Hungary’s Telecom Exhibition

4 July 2019 Time: 16:25
Iranian knowledge-based companies will participate in International Telecommunications Union's Telecom World 2019 exhibition (known as ITU Telecom World 2019) taking place on Sept. 9-12 in Budapest, Hungary's capital.
Scrap & Recycling
 

Tokyo Steel Chooses Q-ASC for Scrap Selection

17 August 2019 Time: 23:39
Tokyo Steel, the largest steel scrap consumer in Japan, purchases various types of scrap to feed its electric-arc furnace melting process.
 

Indian Steel Market Weekly Snapshot

17 August 2019 Time: 21:25
Indian Steel prices were down trend during the Week -32 (3-10 Aug'19) over limited spot trades. However by the end of week, the prices have gain momentum on slight improved demand in Northern India.
 

SE Asia Billet Prices Fall Amid Dull Market Conditions

16 August 2019 Time: 14:35
The SE Asian billet import market remained silent this week. No deals were reported this week. The market was quite due to weaker sentiments. This week South East Asia’s billet import assessment stands at around at USD 440-445/MT, CFR, down USD 5/MT against last week.
METALLURGY
 

CYRUS: Up-date to GIFA

6 August 2019 Time: 19:54
The team at Cyrus thanks you very much – for your trust and time you have spent with them at a great GIFA 2019 show. Once again, it has been shown that personal contact is the basis for good cooperation.
 

Krapohl-Wirth Company Group at GIFA

6 August 2019 Time: 19:51
Full Order Books – Krapohl-Wirth Company Group Satisfied with the Result of GIFA in June 2019 in Dusseldorf, Germany
 

GIFA a Success for O.M.LER srl

30 July 2019 Time: 17:22
O.M.LER srl: GREAT SUCCESS OF THE LAST GIFA FAIR EDITION AND IMPORTANT PARTNERSHIP WITH WORLDWIDE DISTRIBUTORS
 

REFRAJET® Addmix: An innovative injection system

27 November 2017 Time: 14:29
The REFRAJET® Addmix technology is an innovative injection system that was developed specifically for the installation of cement-free sol-gel bonded refractory concretes of the REFRAJET® Nanobond type.
 

Seven Expands Activities for the Aluminium Industry

30 March 2017 Time: 22:13
Less than a year after the publication of Seven’s first brochure for the aluminium industry, satisfied customers in several countries have been won. Deliveries have gone to Germany, Italy, the Slovak Republic, Russia, and Taiwan.
 

Seven Kazakhstan Factory Opened in February 2017

30 March 2017 Time: 21:16
Seven’s growth over the last years has triggered substantial expansions: In 2016, the main plant in Divača/Slovenia was expanded with fully integrated production, shipping, and storage systems. New and improved lines for dry-mixing and taphole clays are complemented by a brand new 300m2 laboratory.
 

How does China’s Needle Coke Market perform so far in 2019?

15 August 2019 Time: 13:23
In 2019, although the global needle coke prices maintained an uptrend, the Chinese prices moved in the opposite direction. The country’s needle coke market was affected by the decline in graphite electrode prices, and the domestic prices dropped 30-40% compared to 2018. Whereas over the same period, the companies ex-China continued to raise the needle coke prices, resulting in a price surge of 20% Y-O-Y basis.
 

NM, Thyssenkrupp sign heavy rare earth offtake deal

12 August 2019 Time: 18:17
Australian mining firm Northern Minerals (NM) has concluded a long-term offtake agreement for heavy rare earth carbonate from its Browns Range pilot plant with the trading arm of German steelmaker Thyssenkrupp.
 

Iron ore futures down

6 August 2019 Time: 17:03
Even though at the beginning of the month iron ore was trading above $120 a tonne, the highest in more than five years, prices are starting to come down, closing at about $100 a tonne in the last market session.
 

Gerdau signs strategic partnership with Primetals Technologies for their digitalization journey at METEC

5 August 2019 Time: 23:37
During the trade fair METEC in Dusseldorf, the steel producer Gerdau and the full-line supplier of metallurgical plant solutions Primetals Technologies signed a strategic partnership for their digitalization journey.
 

First-ever prefabricated hot-blast stove shell

27 July 2019 Time: 14:26
Earlier this week, the vessel shell for the new hot-blast stove #47 for blast furnace #4 at SSAB Oxelösund, Sweden, was erected. The entire vessel shell was fully prefabricated in an off-site workshop and erected in its operating position in a single lift.
 

Primetals Technologies pleased to announce 150th order in the last ten years for continuous caster process optimization

7 July 2019 Time: 23:12
One of China's largest steel producers recently awarded Primetals Technologies an order to optimize the processes of one of its continuous casters. This meant that the leading supplier of automation systems in the metallurgical industry celebrated its 150th order in the last ten years alone for process automation systems (Level 2) in continuous casting.
 

Pet Coke Import Offers Fall; Domestic Prices Remain Firm in India

9 November 2018 Time: 17:58
Import prices of petroleum coke have decreased substantially over the month, though India’s domestically produced pet coke prices have continued to remain unchanged from the rates that prevailed since the start of this month.
 

Metallurgy exceeds expectations and should generate $350 million in business

28 September 2018 Time: 11:47
The atmosphere of satisfaction was general among the 120 expositor brands of Metallurgy 2018 - Fair and International Congress of Technology for Foundry, Steel, Forging, Aluminum and Services [Feira e Congresso Internacional de Tecnologia para Fundição, Siderurgia, Forjaria, Alumínio e Serviços], held from September 18 to 21, in Joinville, SC.
 

IN - Tata Motors closes gap with Mahindra for 3rd biggest PV maker in India

24 September 2018 Time: 21:24
Tata Motors is narrowing the gap with homegrown rival Mahindra & Mahindra (M&M) to challenge the position of third biggest passenger vehicle maker in India by sales.
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