NEWS
IRON and STEEL
 

Iranian steel industry outshining the world against the odds

26 August 2020 Time: 20:58
Iranian Steel industry has been constantly developing over the past years against all the pressures and obstacles created by the outside forces like the U.S. sanctions and the coronavirus outbreak that has severely affected the performance of the world’s top producers.
 

Iran Produces over 2.3mln Tons of Steel Ingot in One Month

19 May 2020 Time: 23:31
Steel section statistical figures show 2.321,000 tons of production during the first month of the current Iranian calendar year (started on March 20), a 2% growth compared with last year’s same period.
 

Monthly steel products output surpasses 1.5m tons

19 May 2020 Time: 22:50
Production of steel products in Iran reached 1.534 million tons in the first Iranian calendar month Farvardin (March 20-April 19), IRNA reported citing the data released by the country’s steel producers.
NON-FERROUS
 

Iran's monthly aluminum ingot output rises 47%

17 May 2020 Time: 19:40
Production of aluminum ingot in Iran was increased 47 percent during the first Iranian calendar month of Farvardin (March 20-April 19), IRNA reported, citing the data released by Iranian Mines and Mining Industries Development and Renovation Organization (IMIDRO).
 

Scottish Parliament passed Scotland’s Deposit Return Scheme regulations

15 May 2020 Time: 19:49
The Scottish Parliament voted to approve Regulations for the establishment of Scotland’s Deposit Scheme. This would increase the recycling of single-use drinks containers in Scotland. The scheme will come into effect from 1 July 2022.
 

Tankoa Yachts unveils new 50-metre all-aluminium superyacht S501 feauturing light aluminium alloy

15 May 2020 Time: 19:22
Tankoa Yachts S.p.A has reportedly introduced a new 50-metre all-aluminium superyacht S501. The yacht is nearing completing in Italy now after the relaxation of lockdown restrictions caused by the COVID-19.
 

Copper anode output rises 10% in H1

19 October 2020 Time: 16:22
Production of the copper anode in Iran has risen ten percent during the first half of the current Iranian calendar year (March 20-September 21), from the same period of time in the previous year.
 

New copper composite material to support wider EV adoption

28 September 2020 Time: 23:16
Scientists at Oak Ridge National Laboratory created a composite that increases the electrical current capacity of copper wires and can be deployed in any component that uses copper, including more efficient bus bars and smaller connectors for electric vehicle traction inverters, as well as for applications such as wireless and wired charging systems.
 

Ferts: East/south Africa supply maintained — IFDC

15 May 2020 Time: 19:22
The International Fertilizer Development Centre's (IFDC) latest Covid-19 Fertilizer Watch says the overall impact on supply and distribution of restrictions in east and southern Africa is not significant.
 

CHART: China’s grip on battery metals supply chain

9 May 2020 Time: 22:31
The back story on how China came to dominate the lithium-ion battery to electric vehicle (EV) supply chain by building capacity in metal refining, battery-grade chemicals production and cathode and anode making is being told via new data from Benchmark Mineral Intelligence.
 

Miners resume operations in Peru, Bolivia

5 May 2020 Time: 13:10
Through supreme decree N° 080-2020-PCM, the Peruvian government authorized mining operators to resume activities as of May 2, 2020.
 

China's Yunnan launches stimulus for metals producers

27 April 2020 Time: 19:01
China's Yunnan provincial government has launched stimulus plans to help germanium, indium and other metals producers in the southwest province, shoring up confidence in the spot market.
 

Iran's Major Gold Mine Reports 16 Percent Surge in Output of 6 Months

7 October 2020 Time: 21:35
Gold production in a key Iranian mine has increased by 16 percent in the first half of the current Iranian year (March 20, 2020-September 21, 2020), a report by the Iranian government’s metals and mining company (IMIDRO) said.
 

World’s fourth biggest diamond mine cuts output, processing

21 May 2020 Time: 21:49
Angola’s Sociedade Mineira de Catoca, which operate the namesake diamond mine in the sub-Saharan Africa’s country, has reduced mining and processing operations as demand remains weak due to the global covid-19 pandemic.
 

Altamira Gold receives new environmental permit to advance Cajueiro project in Brazil

21 May 2020 Time: 21:42
Altamira Gold (TSXV: ALTA) received a second environmental permit required for the trial mining licenses with respect to claim 866.070/2004 for its advanced Cajueiro gold project in Brazil.
 

Turkey's Etimet reduces ferro-chrome output by 50pc

6 May 2020 Time: 11:36
Turkish low-carbon ferro-chrome producer Eti Elektrometalurji has reduced its output in response to low demand caused by the Covid-19 pandemic.
 

Port Hedland resumes lithium exports in March

8 April 2020 Time: 19:35
Lithium concentrate exports from Port Hedland in West Australia have resumed in March after a hiatus in February.
 

Lithium projects in Argentina suspended

23 March 2020 Time: 19:36
Australian companies involved in Argentina's lithium brine industry have suspended on-site work at projects until the end of March to comply with government's coronavirus containment measures.
MINERALS
 

Scientists give new clues to find iron ore deposits

28 September 2020 Time: 23:19
Researchers at the University of Alberta have uncovered the formation mechanism behind iron oxide-apatite deposits, a revelation that gives geologists new clues as to where to hunt for ore.
 

Rio Tinto ready for talks over Bougainville mine

28 September 2020 Time: 23:17
Rio Tinto said on Tuesday that it was ready to talk to stakeholders over allegations of human rights breaches at a giant copper mine in Bougainville that it formerly owned, after community members filed a complaint with the Australian government.
 

Sierra Leone detains five expatriate managers at iron ore mine

21 May 2020 Time: 21:57
Five expatriate employees of SL Mining, a subsidiary of London-based Gerald International Ltd., were arrested Wednesday on suspicion of instigating unrest, the mining company said in a statement Saturday.
 

Australia trims resources revenue outlook on weaker coal, LNG exports

28 September 2020 Time: 23:14
Australia has pared its forecasts for mining and energy export revenue this year, as liquefied natural gas (LNG) and metallurgical coal earnings are forecast to be slightly weaker than earlier expected.
 

China coal mine accident kills 16, Xinhua says

28 September 2020 Time: 23:13
Sixteen people were killed in a southwest China coal mine accident on Sunday, the official Xinhua news agency said, the latest accident in a country with a poor history of industrial safety.
 

Viewpoint: US coking coal mines make cautious return

15 May 2020 Time: 18:19
The resumption of halted operations at coking coal mines in the US comes amid signs of potential improvements in demand. But buyers and producers are still uniformly cautious about recovery for the rest of 2020.
 

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.
 The Chairman of IMIDRO announced:

Large mining companies and HEPCO to sign 5 Memorandum of Cooperation under the leadership of IMIDRO

26 July 2020 Time: 21:49
Deputy Minister of SMT and Chairman of IMIDRO said, “After acquisition of HEPCO by the Social Security Organization, IMIDRO’s supportive approach toward the company has not changed and regarding to the development missions of this organization and the national view, in the year of “Production Jump”, Mining sector and Mining Industries will certainly continue to support this long-serving manufacturer and develop the cooperation.”
 

Hydro North America chooses Danieli Breda extrusion technology

5 February 2020 Time: 15:52
Hydro Extrusion North America awarded Danieli Breda the contract for a new, 60-MN front-loading direct extrusion press for the Phoenix, AZ facility.
 

SMS group to replace the largest converter in North America at ArcelorMittal Dofasco, employing latest technological features

31 January 2020 Time: 16:07
ArcelorMittal Dofasco (AMD), Canada, has awarded SMS group Inc. the contract to supply a replacement 320-ton KOBM converter and gear drive for its steel making plant in Hamilton, ON, Canada. The converter at ArcelorMittal Dofasco is the largest basic oxygen converter in North America.
 

10 investment holdings to be established in industry, mining sectors

19 October 2020 Time: 16:21
Iran's Deputy Industry, Mining, and Trade Minister Saeed Zarandi announced the establishment of 10 investment holding companies in the industry and mining sectors in near future, IRIB reported on Monday.
 

Iran's Major Gold Mine Reports 16 Percent Surge in Output of 6 Months

7 October 2020 Time: 21:35
Gold production in a key Iranian mine has increased by 16 percent in the first half of the current Iranian year (March 20, 2020-September 21, 2020), a report by the Iranian government’s metals and mining company (IMIDRO) said.
 

Iran’s major plans for developing mining industry

6 October 2020 Time: 17:53
In the past few years with new resilient economy strategies coming into play, the mining sector has become a major point of focus for the Iranian government and various organizations and bodies active in this sector have been tasked to implement new programs for boosting this sector.
Auto
 

New copper composite material to support wider EV adoption

28 September 2020 Time: 23:16
Scientists at Oak Ridge National Laboratory created a composite that increases the electrical current capacity of copper wires and can be deployed in any component that uses copper, including more efficient bus bars and smaller connectors for electric vehicle traction inverters, as well as for applications such as wireless and wired charging systems.
 

California is banning gasoline cars. Now the EV race begins

28 September 2020 Time: 23:10
California just started the clock on a future that a few years ago would’ve been unthinkable: dealerships full of nothing but zero-emissions cars.
 

European Commission working on sustainable battery rules

21 May 2020 Time: 21:45
A report by S&P Global Platts states that the European Commission plans to propose EU sustainable battery rules by October.
Cable & Wire
 

Xinjiang Amer Qian Golding Cable has ordered a CONTIROD®*copper wire rod plant from SMS group

17 February 2020 Time: 17:23
Xinjiang Amer Qian Golding Cable Co., Ltd. from China, a subsidiary of Amer Group, has placed an order with SMS group for a CONTIROD®* casting and rolling plant to produce copper wire.
 

TPO hosts specialized desk on promoting cable, wire industry

9 February 2020 Time: 15:28
Director General of Industrial and Mining Products Office at Trade Promotion Organization (TPO) of Iran said the organization hosted a specialized desk for promotion of cable and wire industry, TPO portal reported.
 

SMS group presents innovations, technology and services for the tube and wire industry

29 January 2020 Time: 16:03
At the international trade fairs "Tube" and “wire”, taking place in Düsseldorf from 30 March to 3 April 2020, SMS group is going to present new plant concepts and innovations that meet the future demands of the tube and wire industry.
ECONOMY
 

IME’s weekly worth of trades up 90%

19 October 2020 Time: 16:12
Value of trades at Iran Mercantile Exchange (IME) rose 90 percent during the past Iranian calendar week (ended on Friday), IME International Affairs and Public Relations Department reported.
 

Commodities worth over $4.6b traded at IME in July

3 August 2020 Time: 23:32
More than 2.608 million tons of commodities valued at over $4.669 billion were traded at Iran Mercantile Exchange (IME) in July.
 

Iran Mercantile Exchange Weekly Trade Exceeds 530 Thousand Tons

19 May 2020 Time: 23:29
An approximate 530,738 metric tons of various goods worth over $595mln were exchanged during weekdays ending up to May 14, 2020 on the Iran Mercantile Exchange.
 

Plan for offering oil via salaf bonds temporarily stopped

30 August 2020 Time: 18:04
Iranian Finance and Economic Affairs Minister Farhad Dejpasand said that the plan for offering oil via salaf bonds in Iran Energy Exchange (IRENEX) is temporarily stopped, Tasnim news agency reported.
 

GOOs trading platform to offer tailored auctions

20 March 2020 Time: 20:27
Malta-based renewable energy trading platform Commerg will allow individual counterparties to host auctions from the beginning of next week.
 

China transport activity picks up as coronavirus slows

24 February 2020 Time: 17:14
China's transport sector is continuing to resume operations amid signs the country's coronavirus outbreak is slowing. But activity remains significantly below normal levels.
 

IME’s weekly worth of trades up 90%

19 October 2020 Time: 16:12
Value of trades at Iran Mercantile Exchange (IME) rose 90 percent during the past Iranian calendar week (ended on Friday), IME International Affairs and Public Relations Department reported.
 

IFX climbs 167% in six months on year

28 September 2020 Time: 18:31
IFX, the main index of Iran’s over-the-counter (OTC) market, known as Iran Fara Bourse (IFB), rose 167 percent during the first half of the current Iranian calendar year (March 20-September 21), compared to the same period of time in the past year.
 

‘Govt. should facilitate private companies listing on stock exchange’

28 September 2020 Time: 18:28
Head of Iran Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA) called on the government to further facilitate the listing of private companies on the country’s stock exchange to help them attract the necessary capital for their development.
 

Singapore delivered bunker premiums hit record high

28 August 2019 Time: 19:46
A shortage of bunker fuel and barges in Singapore has sent delivered premiums for 380cst high-sulphur fuel oil (HSFO) to record highs.
 

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.
 

10 investment holdings to be established in industry, mining sectors

19 October 2020 Time: 16:21
Iran's Deputy Industry, Mining, and Trade Minister Saeed Zarandi announced the establishment of 10 investment holding companies in the industry and mining sectors in near future, IRIB reported on Monday.
 

Salehinia appointed as head of IDRO

19 October 2020 Time: 16:19
In a decree on Sunday, Iranian Industry, Mining, and Trade Minister Alireza Razm Hosseini appointed Mohsen Salehinia as the new head of Industrial Development and Renovation Organization of Iran (IDRO), IRNA reported.
 

Rouhani inaugurates projects worth over $3b in rural, nomadic areas

6 October 2020 Time: 17:42
Iranian President Hassan Rouhani inaugurates 33,262 development and employment projects worth 131.22 trillion rials (about $3.124 billion) in some rural areas and nomadic regions via video conference on Monday, IRNA reported.
 

Over $5b supplied for import of basic goods in 6 months

6 October 2020 Time: 17:46
Central Bank of Iran (CBI) has managed to supply $5.267 billion for importing basic commodities in the first six months of the current Iranian calendar year (began on March 20), IRIB reported.
 

Inflation rate of 22% targeted

28 September 2020 Time: 18:26
The budget plan for the next Iranian calendar year (starts on March 21, 2021) instructed to the executive bodies has targeted an inflation rate of 22 percent.
 

Over €1.5b of non-oil income injected to NIMA in a month

22 September 2020 Time: 22:03
Iran’s non-oil exporters injected €1.5 billion of their revenues into the Forex Management Integrated System, locally known as NIMA, during the fifth Iranian calendar month Mordad (July 22-August 21).
 

10 investment holdings to be established in industry, mining sectors

19 October 2020 Time: 16:21
Iran's Deputy Industry, Mining, and Trade Minister Saeed Zarandi announced the establishment of 10 investment holding companies in the industry and mining sectors in near future, IRIB reported on Monday.
 

2nd part of govt. support package for non-oil exports to be implemented

19 October 2020 Time: 16:09
Head of Iran’s Trade Promotion Organization (TPO) announced the implementation of the second part of the government’s support package for non-oil export in near future, TPO portal reported.
 

INTA supports businesses during coronavirus outbreak

6 October 2020 Time: 17:51
The head of Iran’s National Tax Administration (INTA) said since the outbreak of the coronavirus in Iran, INTA has been supporting the country’s businesses by easing or extending their tax dues.
 

VP Urges Development of Digital Economy in Iran

19 May 2020 Time: 23:38
Iranian First Vice President Eshaq Jahangiri called for plans to develop the infrastructures for digital economy in the country, highlighting the role that the Ministry of Information and Communications Technology plays in working towards that goal.
 

Railway projects worth $142m inaugurated across Iran

9 February 2020 Time: 15:54
Head of Islamic Republic of Iran Railways (known as RAI) said 56 railway infrastructure and service projects were inaugurated across the country on Sunday, on the occasion of the “Ten-Day Dawn” which marks the 41st anniversary of the Islamic Revolution in 1979.
 

Envoy: Iran Progressing in Developing Smart Cities

7 December 2019 Time: 17:51
Iran is taking long strides in developing smart cities with strengthening infrastructures, the country’s Ambassador to Romania Morteza Abutalebi said.
 

Over $5b supplied for import of basic goods in 6 months

6 October 2020 Time: 17:46
Central Bank of Iran (CBI) has managed to supply $5.267 billion for importing basic commodities in the first six months of the current Iranian calendar year (began on March 20), IRIB reported.
 

West Azarbaijan Province exports commodities worth $1b in H1

6 October 2020 Time: 17:44
The value of commodities exported from Iran’s northwestern province of West Azarbaijan stood at $1 billion during the first half of the current Iranian calendar year (March 20-September 21), according to a local customs official.
 

Iran’s Trade Heart Beating in Southeastern Province

28 September 2020 Time: 18:37
Sistan and Balouchestan province enjoys unique potentials for trade and goods transit due to its geographical situation, a provincial official said on Monday.
 

Tax exemption expands trade in FTZs

25 July 2020 Time: 23:21
Tax exemption in the country’s free trade zones (FTZs) will increase the volume of trade in these zones, an official with Iran’s Free Zones High Council stated.
 

Companies newly accepted to stock market to get special tax incentives

26 June 2020 Time: 23:31
Leader of the Islamic Revolution Seyed Ali Khamenei has agreed with a plan for offering special tax exemptions and incentives to the companies that are accepted to the stock market in the current Iranian calendar year, IRNA reported.
 

17% Rise in Departure Tax Revenues

15 May 2020 Time: 19:59
Revenues from departure tax, which is a subcategory of tax on goods and services of indirect taxes, stood at 11,500 billion rials ($67.25 million) in the fiscal 2019-20.
 

Iran, Syria confer on signing free trade agreement

19 October 2020 Time: 16:18
Head of Iran Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA) held a meeting on Sunday with Syrian Ambassador to Tehran Adnan Hassan Mahmoud in which he stressed the significance of signing a free trade agreement between the two sides.
 

Arvand FTZ attracts $48.5m of foreign investment in 6 months

19 October 2020 Time: 16:16
Arvand Free Trade Zone in Iran’s southwestern province of Khuzestan attracted $48.5 million of foreign investment during the first six months of the current Iranian calendar year (March 20-September 21), a local official announced.
 

2nd part of govt. support package for non-oil exports to be implemented

19 October 2020 Time: 16:09
Head of Iran’s Trade Promotion Organization (TPO) announced the implementation of the second part of the government’s support package for non-oil export in near future, TPO portal reported.
GEOLOGY
 

Iran’s 1st geothermal power plant to come on stream by Mar. 2021

19 October 2020 Time: 16:24
Iran’s first geothermal power plant, with the primary electricity generation capacity of five megawatts (MW), is going to go operational in the current Iranian calendar year (ends on March 20, 2021), Deputy Energy Minister Homayoun Haeri announced.
 

Scientists give new clues to find iron ore deposits

28 September 2020 Time: 23:19
Researchers at the University of Alberta have uncovered the formation mechanism behind iron oxide-apatite deposits, a revelation that gives geologists new clues as to where to hunt for ore.
 

Industry ministry inks trilateral mining MOU with GSI, IMIDRO

29 May 2020 Time: 23:45
Iranian Industry, Mining and Trade Ministry signed a trilateral memorandum of understanding (MOU) with Geological Survey and Mineral Explorations of Iran (GSI) and Iranian Mines and Mining Industries Development and Renovation Organization (IMIDRO) for expansion of the country’s mining sector, IRNA reported.
ENVIRONMENT
 

Ports operating non-stop despite sanctions, pandemic

19 October 2020 Time: 16:11
While the coronavirus pandemic has created many limitations for the economic activities all around the world, operations at Iranian ports are underway continuously, and even the U.S. sanctions could not halt activities at the ports.
 

Iran’s Int’l Flights Grow 64%

7 October 2020 Time: 21:33
The number of international flights of the Islamic Republic of Iran’s airlines in the Iranian month of Mordad (July 22 to August 21) has increased 64% compared to the previous month.
 

Venezuelan opposition party demands environmentally friendlier mining operations

28 September 2020 Time: 23:11
Venezuelan opposition party Encuentro Ciudadano is preparing a report aimed at informing discussions currently underway in the parliament to modify the country’s mining law.
ENERGY
 

Iran’s strategic oil pipeline project nearing completion

19 October 2020 Time: 16:14
Iran’s new 1000-kilometer-long Goreh-Jask oil pipeline in the southern Hormozgan province, which will provide the country with an alternative route for crude oil exports that are currently transferred through the Strait of Hormuz, has registered over 60 percent of physical progress and is underway with full force.
 

Iranian Scientists Find Low-Cost Method to Produce Gasoline, Petrochemical Products

7 October 2020 Time: 21:30
Iranian researchers at Amirkabir University of Technology produced gasoline and petrochemical products with natural gas through a clever and low-cost method.
 

SPGF Phase 12 Produces 14bcm of Gas in 6 Months

7 October 2020 Time: 21:24
The 9th refinery of the South Pars Oil and Gas Field has produced nearly 14 billion cubic meters of gas during the first half of the current Iranian calendar year (March 20-September 21), Director of the refinery Mohammad Mehdi Hashemi said.
 

SPGF Phase 12 Produces 14bcm of Gas in 6 Months

7 October 2020 Time: 21:24
The 9th refinery of the South Pars Oil and Gas Field has produced nearly 14 billion cubic meters of gas during the first half of the current Iranian calendar year (March 20-September 21), Director of the refinery Mohammad Mehdi Hashemi said.
 

Australia trims resources revenue outlook on weaker coal, LNG exports

28 September 2020 Time: 23:14
Australia has pared its forecasts for mining and energy export revenue this year, as liquefied natural gas (LNG) and metallurgical coal earnings are forecast to be slightly weaker than earlier expected.
 

Iran’s share in Turkey’s future gas market

28 September 2020 Time: 18:29
Iran, for long, has been one of the most important energy suppliers to Turkey, and the two countries already have a 25-year gas supply contract.
 

No trading account needed for 2nd ETF underwriting

30 August 2020 Time: 18:07
No trading account is required for underwriting to buy the shares of four major refineries that are going to be offered through Iran’s second exchange-traded fund (ETF), ISNA reported on Sunday.
 

Offering of Iranian refineries’ shares through 2nd ETF begins

26 August 2020 Time: 20:56
The underwriting process for the shares of four major refineries that are going to be offered through Iran’s second exchange-traded fund (ETF) started on Wednesday and will continue until September 9, IRNA reported.
 

PBF takes wary approach to fuel rebound

15 May 2020 Time: 19:10
Emerging US fuel demand will not quickly restore crude consumption, US independent refiner PBF Energy warned today.
 

Iranian Scientists Find Low-Cost Method to Produce Gasoline, Petrochemical Products

7 October 2020 Time: 21:30
Iranian researchers at Amirkabir University of Technology produced gasoline and petrochemical products with natural gas through a clever and low-cost method.
 

No trading account needed for 2nd ETF underwriting

30 August 2020 Time: 18:07
No trading account is required for underwriting to buy the shares of four major refineries that are going to be offered through Iran’s second exchange-traded fund (ETF), ISNA reported on Sunday.
 

Rouhani inaugurates energy projects worth over $2b in 3 provinces

26 June 2020 Time: 23:26
Iranian President Hassan Rouhani inaugurated three energy projects worth $2.14 billion in three provinces via video conference on Thursday, Shana reported.
 

Kabul hosting Iran’s 1st water, electricity specialized exhibition

22 September 2020 Time: 22:10
Iran’s first specialized exhibition of water and electricity industry was opened in Kabul on Tuesday, the Energy Ministry portal (Paven) reported.
 

Energy Ministry to draft new bill for protecting water resources

30 August 2020 Time: 18:06
Iranian Energy Minister Reza Ardakanian has said that a new bill is going to be drafted for the country’s “Law of Fair Water Distribution,” to ensure the protection of the country's water resources, the ministry portal PAVEN reported.
 

Gharibpour Announced:Bandar Abbas Industries Water Supply by Urban Wastewater

18 May 2020 Time: 21:46
IMIDRO in line with its social responsibility role and in order to supply water for industries in west part of Bandar Abbas will perform Bandar Abbas wastewater treatment plant transmission project, Gharibpour said.
 

Work Begins on Constructing 2nd Unit of Nuclear Power Plant in Bushehr

10 November 2019 Time: 17:13
Work for pouring concrete at the site of the second unit of Bushehr Nuclear Power Plant in south Iran started on Sunday.
 

Iran’s 1st geothermal power plant to come on stream by Mar. 2021

19 October 2020 Time: 16:24
Iran’s first geothermal power plant, with the primary electricity generation capacity of five megawatts (MW), is going to go operational in the current Iranian calendar year (ends on March 20, 2021), Deputy Energy Minister Homayoun Haeri announced.
 

New copper composite material to support wider EV adoption

28 September 2020 Time: 23:16
Scientists at Oak Ridge National Laboratory created a composite that increases the electrical current capacity of copper wires and can be deployed in any component that uses copper, including more efficient bus bars and smaller connectors for electric vehicle traction inverters, as well as for applications such as wireless and wired charging systems.
 

Iran, Qatar discuss joining power grids through sea

28 September 2020 Time: 18:23
Iranian Energy Minister Reza Ardakanian and Qatari Minister of State for Energy Affairs Saad Sherida Al-Kaabi held an online meeting to discuss joining the two countries' electricity networks via sea, Iran’s Energy Ministry portal (Paven) reported on Monday.
 

Minister: Iran to Triple Nuclear Power Capacity

7 October 2020 Time: 21:27
Iranian Energy Minister Reza Ardakanian announced on Sunday that the country plans to increase its nuclear power capacity from its current 1,000 megawatts to 3,000 MW in future.
 

US uranium output shrinks 89% in 2019

21 May 2020 Time: 21:25
US domestic production of uranium concentrate plunged 89% to 174,000 pounds of U3O8 (triuranium octoxide) last year, according to the latest annual report published by the US Energy Information Administration (EIA).
 

INSTEX Transactions Unsatisfactory: Iranian Deputy FM

19 May 2020 Time: 23:40
Iran’s deputy foreign minister for economic diplomacy expressed dissatisfaction with the volume of transactions that Tehran has been able to carry via a financial mechanism the EU has devised for trade with the Islamic Republic, known as INSTEX.
 

Renewables may see a boost under a Biden presidency – report

28 September 2020 Time: 23:21
A report published by Fitch Solutions Country Risk states that under a Joe Biden presidency, the United States is expected to see an acceleration in renewables development and an effort to reverse the loosening of emission restrictions made by the Donald Trump administration.
 

European Commission working on sustainable battery rules

21 May 2020 Time: 21:45
A report by S&P Global Platts states that the European Commission plans to propose EU sustainable battery rules by October.
 

Li, Co output may rise 500pc by 2050: World Bank

15 May 2020 Time: 18:10
Production of graphite, lithium and cobalt may need to rise by nearly 500pc by 2050 from 2018 levels to meet demand from energy storage technologies in the clean energy transition, the World Bank said.
 

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.
 

Iran’s 1st geothermal power plant to come on stream by Mar. 2021

19 October 2020 Time: 16:24
Iran’s first geothermal power plant, with the primary electricity generation capacity of five megawatts (MW), is going to go operational in the current Iranian calendar year (ends on March 20, 2021), Deputy Energy Minister Homayoun Haeri announced.
 

Iran’s strategic oil pipeline project nearing completion

19 October 2020 Time: 16:14
Iran’s new 1000-kilometer-long Goreh-Jask oil pipeline in the southern Hormozgan province, which will provide the country with an alternative route for crude oil exports that are currently transferred through the Strait of Hormuz, has registered over 60 percent of physical progress and is underway with full force.
 

SPGF Phase 12 Produces 14bcm of Gas in 6 Months

7 October 2020 Time: 21:24
The 9th refinery of the South Pars Oil and Gas Field has produced nearly 14 billion cubic meters of gas during the first half of the current Iranian calendar year (March 20-September 21), Director of the refinery Mohammad Mehdi Hashemi said.
 

Tehran hosting bitumen, asphalt conference, exhibition

23 October 2019 Time: 20:21
Iran’s 11th National Bitumen, Asphalt and Machinery Conference and Exhibition kicked off in Tehran on Tuesday at the presence of the country’s Transport Minister Mohammad Eslami, the event’s portal reported.
 

Minister: Iran to Triple Nuclear Power Capacity

7 October 2020 Time: 21:27
Iranian Energy Minister Reza Ardakanian announced on Sunday that the country plans to increase its nuclear power capacity from its current 1,000 megawatts to 3,000 MW in future.
 

Rouhani inaugurates projects worth over $3b in rural, nomadic areas

6 October 2020 Time: 17:42
Iranian President Hassan Rouhani inaugurates 33,262 development and employment projects worth 131.22 trillion rials (about $3.124 billion) in some rural areas and nomadic regions via video conference on Monday, IRNA reported.
 

California is banning gasoline cars. Now the EV race begins

28 September 2020 Time: 23:10
California just started the clock on a future that a few years ago would’ve been unthinkable: dealerships full of nothing but zero-emissions cars.
Transportation
 

Iran’s Int’l Flights Grow 64%

7 October 2020 Time: 21:33
The number of international flights of the Islamic Republic of Iran’s airlines in the Iranian month of Mordad (July 22 to August 21) has increased 64% compared to the previous month.
 

New heads of CAO, Iran Air appointed

9 August 2020 Time: 23:56
In a ceremony on Sunday attended by Iranian Transport and Urban Development Minister Mohammad Eslami, the new heads of the country’s national airline (Iran Air) and also Civil Aviation Organization (CAO) were appointed.
 

Korean Air to resume 11pc of flights idled by Covid-19

8 May 2020 Time: 20:25
Korean Air Lines, South Korea's flagship air carrier, plans to resume operating about 11pc of overseas flights in June after suspending them because of Covid-19. South Korea's flagship carrier is taking its first step towards recovery from an industry collapse that has crippled jet fuel demand.
 

Iran, Turkmenistan discuss situation of borders, transportation

30 August 2020 Time: 18:29
Iranian Transport and Urban Development Minister Mohammad Eslami held talks with Turkmenistan’s Minister of Foreign Affairs Rasit Meredow via video conference to discuss the situation of road and rail transportation on the common borders between Iran and Turkmenistan.
 

More Iran-Pakistan border points reopened

6 July 2020 Time: 22:09
The spokesman of Islamic Republic of Iran Customs Administration (IRICA) announced on Monday that Iran’s three more border points with Pakistan were reopened today, IRNA reported.
 

Kermanshah Border Crossings Increase Working Hours

19 May 2020 Time: 23:59
Kermanshah Province’s border crossings have increased working hours to 20 hours per day amid rising exports.
 

Ports operating non-stop despite sanctions, pandemic

19 October 2020 Time: 16:11
While the coronavirus pandemic has created many limitations for the economic activities all around the world, operations at Iranian ports are underway continuously, and even the U.S. sanctions could not halt activities at the ports.
 

Iran’s Trade Heart Beating in Southeastern Province

28 September 2020 Time: 18:37
Sistan and Balouchestan province enjoys unique potentials for trade and goods transit due to its geographical situation, a provincial official said on Monday.
 

Chabahar Port to See over €500mln Investment

28 September 2020 Time: 18:35
Deputy Governor of Sistan and Balouchestan province Mandana Zangeneh said the high capacities of Chabahar port have attracted many investors, adding that a company has proposed to make €550m investment in the region.
 

Expansion of co-op between RAI, ports atop agenda

6 October 2020 Time: 17:48
In a meeting with the members of the Iranian Private Ports Association, Head of the Islamic Republic of Iran Railways (known as RAI) Saeed Rasouli has stressed the expansion of cooperation between his organization and the country’s ports, IRIB reported on Monday.
 

Iranian major railway companies to be listed on stock exchange

22 September 2020 Time: 22:05
Two of Iran’s biggest railway companies namely Raja Rail Transportation Company and Novin Sanat Raja Company are going through the final stages to be listed on Iran’s over-the-counter (OTC) market, known as Iran Fara Bourse (IFB), an official with RAJA announced.
 

Zahedan-Chabahar railway to be operational next year

30 August 2020 Time: 18:27
Head of the parliament’s Construction Committee said that Zahedan-Chabahar railway, in the southeastern province of Sistan-Baluchestan, is going to go operational in the next Iranian calendar year (begins in March 2021), IRIB reported on Saturday.
 

California is banning gasoline cars. Now the EV race begins

28 September 2020 Time: 23:10
California just started the clock on a future that a few years ago would’ve been unthinkable: dealerships full of nothing but zero-emissions cars.
 

Electric vehicles sales in India jump 20% in FY20, driven by electric two-wheelers

20 April 2020 Time: 18:57
Electric vehicle sales in India have reportedly recorded a growth of 20 per cent to 156,000 units in the financial year 2019-20, largely driven by the sales of electric two-wheelers that form bulk of the nascent industry.
 

Pakistan Extends Iran Border Closure for Two Weeks

14 April 2020 Time: 21:08
Pakistan extended the closure of its border with Iran and Afghanistan for another two weeks due to the spread of coronavirus, according to a notification issued by the country’s Interior Ministry on Monday.
 

Iran, Turkmenistan discuss situation of borders, transportation

30 August 2020 Time: 18:29
Iranian Transport and Urban Development Minister Mohammad Eslami held talks with Turkmenistan’s Minister of Foreign Affairs Rasit Meredow via video conference to discuss the situation of road and rail transportation on the common borders between Iran and Turkmenistan.
 

India to save 20% logistic cost in supplies to CIS countries via Chabahar

6 July 2020 Time: 22:29
By developing strategic Chabahar Port in Iran, Indian will reduce logistics cost by 20 percent in container transport to CIS countries, bypassing China or Europe, Indian Minister of State for Shipping Mansukh Lal Mandaviya stated.
 

Ferts: East/south Africa supply maintained — IFDC

15 May 2020 Time: 19:22
The International Fertilizer Development Centre's (IFDC) latest Covid-19 Fertilizer Watch says the overall impact on supply and distribution of restrictions in east and southern Africa is not significant.
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.
 

Azerbaijan Extends Ban on Entry of Iranian Cargo Trucks

20 April 2020 Time: 19:03
Azerbaijan has extended the ban on the entry of Iranian cargo trucks until May 4. Nonetheless, according to the Islamic Republic of Iran Customs Administration, truckers are still able to park at the border crossings of Astara and Bileh Savar, and transship their goods to Azerbaijan as well as to Nakhchivan Autonomous Republic and Eurasia.
 

Tile Production Exceeds 150m m2 in 5 Months

10 November 2019 Time: 17:16
Atotal of 158.45 million square meters of tiles were produced in Iran during the first five months of the current Iranian year (March 21- Aug. 22) to register an increase of 4.4% compared with last year’s corresponding period.
 

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.
 

Plan for supplying nomadic households with mobile PV systems underway

14 October 2019 Time: 16:15
Iran’s Energy Ministry has started a plan for providing 25,000 nomadic households across the country with portable photovoltaic systems so that they could use electricity during migration.
 

Tehran Hosting 445 Int’l Companies of Printing, Packaging Industries

30 November 2019 Time: 18:49
Some 445 companies from 13 countries are showcasing their products and capabilities in the 26th International Exhibition of Printing, Packaging and Related Machinery in the Iranian capital city of Tehran.
 

Plan for supplying nomadic households with mobile PV systems underway

14 October 2019 Time: 16:15
Iran’s Energy Ministry has started a plan for providing 25,000 nomadic households across the country with portable photovoltaic systems so that they could use electricity during migration.
 

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 Build and Property Show 2020 to kick off on Sunday

2 February 2020 Time: 13:03
Tehran Permanent International Fairgrounds will host Iran Build and Property Show 2020 from Sunday until Wednesday.
 

Kish Island hosting intl. building industry exhibition

1 November 2019 Time: 22:42
The 15th International Civil and Building Industry Exhibition (Kish Buidex 2019) kicked off on Wednesday in Kish Island in southern Iran, IRNA reported.
 

Intl. building industry expo running in Isfahan

11 October 2019 Time: 15:32
The 22nd International Exhibition of Building Industry kicked off on Thursday at Isfahan International Fairground, in the central province of Isfahan.
 

Unbridled rise in housing prices to lead market into recession: MP

22 September 2020 Time: 22:00
The drastic and unprecedented rise in housing prices in recent months is going to lead the housing market to a recession in the coming months, a member of the Iranian Parliament (Majlis) Civil Committee said.
 

Number of real estate deals rises 80% in Tehran in a month on year

26 June 2020 Time: 23:43
The number of real estate deals in Tehran city has risen 80 percent during the past Iranian calendar month (May 21-June 20) compared to the same month in the past year, IRNA reported.
 

Housing rentals expected to stay under inflation ceiling

2 May 2020 Time: 15:57
Deputy head of Tehran Real Estate Association says rent prices in the country’s housing market are not expected to increase drastically and will stay under the inflation rate, IRNA reported on Saturday.
 

Unbridled rise in housing prices to lead market into recession: MP

22 September 2020 Time: 22:00
The drastic and unprecedented rise in housing prices in recent months is going to lead the housing market to a recession in the coming months, a member of the Iranian Parliament (Majlis) Civil Committee said.
 

Number of real estate deals rises 80% in Tehran in a month on year

26 June 2020 Time: 23:43
The number of real estate deals in Tehran city has risen 80 percent during the past Iranian calendar month (May 21-June 20) compared to the same month in the past year, IRNA reported.
 

Housing rentals expected to stay under inflation ceiling

2 May 2020 Time: 15:57
Deputy head of Tehran Real Estate Association says rent prices in the country’s housing market are not expected to increase drastically and will stay under the inflation rate, IRNA reported on Saturday.
 

Making Shahr-e-Aftab an FTZ on agenda

13 June 2020 Time: 23:42
Making Iran’s Shahr-e Aftab International Exhibition Center a free trade zone (FTZ) is on the agenda, the center’s managing director announced.
 

Azerbaijan Extends Ban on Entry of Iranian Cargo Trucks

20 April 2020 Time: 19:03
Azerbaijan has extended the ban on the entry of Iranian cargo trucks until May 4. Nonetheless, according to the Islamic Republic of Iran Customs Administration, truckers are still able to park at the border crossings of Astara and Bileh Savar, and transship their goods to Azerbaijan as well as to Nakhchivan Autonomous Republic and Eurasia.
 

Indian cement makers may delay restart of plants

8 April 2020 Time: 18:45
Cement companies in India, the world second biggest market, are wary about short-term prospects for demand and may not rush to restart plants if the federal government begins lifting its lockdown from 15 April.
Sciences
 

SMS group and Semiotic Labs sign collaborate agreement

20 March 2020 Time: 18:38
Semiotic Labs, a scale-up company based in Leiden, Netherlands, and SMS group have signed an agreement under which the two companies will cooperate in the field of predictive maintenance.
 

Knowledge-based firms indigenize 50 strategic products in water, electricity sector

16 March 2020 Time: 16:03
Iranian knowledge-based companies have indigenized the technology for manufacturing 50 strategic products applied in the water and electricity sector of the country in the current Iranian calendar year (ends on March 19), the managing director of Iranian Electrical Power Equipment Manufacturing and Provision Company (known by its Persian acronym SATKAB) told IRIB on Tuesday.
 

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).
 

Iranian Scientists Find Low-Cost Method to Produce Gasoline, Petrochemical Products

7 October 2020 Time: 21:30
Iranian researchers at Amirkabir University of Technology produced gasoline and petrochemical products with natural gas through a clever and low-cost method.
 

Lesser durability of COVID19 virus on aluminium surface makes it a more preferred metal than others

28 April 2020 Time: 15:28
There is no end to research, inspection, and introspection around the currently much talked about virus SARS-CoV-2, or popularly known as COVID19.
 

New sales and cooperation partnership between MAC GmbH | Consulting and Engineering and Zorc Technology GmbH

20 April 2020 Time: 18:49
MAC GmbH and Zorc Technology GmbH have entered into a sales and cooperation partnership for Switzerland and Italy, as well as in special projects worldwide.
 

Projects Worth $720m in Industrial Hubs Last Year

14 April 2020 Time: 21:14
Atotal of 2,547 projects worth 116.17 trillion rials ($720 million) were implemented in Iran’s industrial parks and estates in the last fiscal year that ended on March 19, 2020, according to Deputy Minister of Industries, Mining and Trade Mohsen Salehinia.
 

Loans for Startups, Tech Firms

12 April 2020 Time: 18:48
State-backed Iran National Innovation Fund is planning to loan 45 trillion rials ($277.7 million) to knowledge-based companies and tech firms in the current fiscal year (ending March 2021).
 

Tiny electronics can still rely on gold

30 March 2020 Time: 14:08
A research paper published in Physical Review Letters reveals that gold can stand up to the strain of the next-generation data processing in electronic devices.
 

Students from University of Duisburg-Essen win third Data Challenge of SMS digital

17 January 2020 Time: 17:02
How can machine-learning algorithms help to make steel production more efficient?
 

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.
 

Iranian Scientists Find Low-Cost Method to Produce Gasoline, Petrochemical Products

7 October 2020 Time: 21:30
Iranian researchers at Amirkabir University of Technology produced gasoline and petrochemical products with natural gas through a clever and low-cost method.
 

New heads of CAO, Iran Air appointed

9 August 2020 Time: 23:56
In a ceremony on Sunday attended by Iranian Transport and Urban Development Minister Mohammad Eslami, the new heads of the country’s national airline (Iran Air) and also Civil Aviation Organization (CAO) were appointed.
 

Students from University of Duisburg-Essen win third Data Challenge of SMS digital

17 January 2020 Time: 17:02
How can machine-learning algorithms help to make steel production more efficient?
 

Iranian Scientists Find Low-Cost Method to Produce Gasoline, Petrochemical Products

7 October 2020 Time: 21:30
Iranian researchers at Amirkabir University of Technology produced gasoline and petrochemical products with natural gas through a clever and low-cost method.
 

ESA, Hypervine bring blockchain and satellite data together for mining teams

18 February 2020 Time: 15:46
Glasgow-based start-up Hypervine announced Monday the start of a project co-funded by the European Space Agency (ESA) to develop services using space-based data to improve efficiencies for extractive industries.
 

Rouhani Calls for Muslim States' Joint AI Project

18 December 2019 Time: 21:00
Iranian President Hassan Rouhani underlined the importance of digital economy in future world, and declared his nation's preparedness to kick off cooperation with the Islamic states in developing artificial intelligence technology.
 

Iran, China Firm to Expand Cooperation on Knowledge-Based Economy

12 November 2019 Time: 17:11
Tehran and Beijing are resolute to broaden mutual cooperation in areas of knowledge-based economy as an Iranian delegation of knowledge-based companies is on a tour of China.
 

Iranian Delegation to Visit China’s Hi-Tech Fair

11 October 2019 Time: 18:57
An Iranian delegation is planning to visit China’s Hi-Tech Fair, also known as CHTF 2019, from Nov. 10-14 in Shenzhen to expand bilateral ties and collaborations with innovative and knowledge-based companies and startups in the host country.
Scrap & Recycling
 

Pakistan: Imported Scrap Trades Improve Ahead Eid Holidays

19 May 2020 Time: 22:38
Imported scrap offers to Pakistan stood range bound this week, with a further slight improvement in trades being witnessed. Before Eid holidays from later this week and market closes, buyers look to make some bookings for late June shipments.
 

Scottish Parliament passed Scotland’s Deposit Return Scheme regulations

15 May 2020 Time: 19:49
The Scottish Parliament voted to approve Regulations for the establishment of Scotland’s Deposit Scheme. This would increase the recycling of single-use drinks containers in Scotland. The scheme will come into effect from 1 July 2022.
 

Vietnamese mills import less ferrous scrap in April

15 May 2020 Time: 19:28
Vietnam's April ferrous scrap imports fell by 38.2pc to 401,055t from a year earlier, slowed by Covid-19-related restrictions.
METALLURGY
 

Virtual Classroom Session by ABP Induction with presentations from Lungmuß and Saveway

15 May 2020 Time: 19:14
savethedate on May 28th, 2020: Best practices and technical background knowledge on digitalization, refractories and measurement technology in the foundry environment
 

How to start up equipment after longer pauses in production. What to do and what to look out for.

6 May 2020 Time: 12:32
Why to take extra care when restarting equipment after prolonged periods of downtime
 

METAL Expo: where the West meets the East

29 April 2020 Time: 16:35
METAL Expo has been an excellent knowledge acquisition and exchange platform, the best place to find out about the latest foundry technologies. Within the years METAL Expo became one of the two most important industry events in Europe.
 

CELSA Barcelona places order with SMS group for modernization of medium-section mill

6 February 2020 Time: 16:11
CELSA Barcelona has contracted SMS group to revamp the section mill at its Castellbisbal location in Spain.
 

Primetals Technologies receives FAC for modernized DC twin electric arc furnace at Baosteel in Shanghai, China

6 October 2019 Time: 23:50
Primetals Technologies has received the final acceptance certificate (FAC) from China's Baoshan Iron & Steel Co. Ltd. (Baosteel) for the modernization of a more than 20 year old DC twin electric arc furnace at its Shanghai plant.
 

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.
 

India extends Covid-19 lockdowns until early May

14 April 2020 Time: 18:00
India has extended a nationwide lockdown until 3 May in an attempt to curb the spread of Covid-19, but is making some exceptions to minimise economic damage.
 

Commerzbank: ETF holdings of gold rise but fall for platinum

31 March 2020 Time: 20:24
Exchange-traded-fund holdings of platinum have fallen sharply this month, while holdings of gold keep rising, Commerzbank said. After big inflows last week, holdings in gold ETFs tracked by Bloomberg increased by another 16 metric tons Monday, putting them above 90 million ounces or over 2,800 tons for the first time, the bank pointed out.
 

Italy’s Raffmetal shuts for two-week quarantine

19 March 2020 Time: 19:11
Italy-based aluminium alloy producer Raffmetal will extend this week's shutdown through next week to allow employees a full two-week quarantine period amid the coronavirus pandemic, president Orlando Niboli said today.
 

Metso-Outotec merger cleared by European Commission

14 May 2020 Time: 19:58
Metso and Outotec Oyj received on Wednesday an unconditional merger control clearance from the European Commission for the combination of Metso’s Minerals business with Outotec.
 

Quick start-up of q-reg® via remote commissioning at gerdau, divinopolis

30 April 2020 Time: 15:40
Covid-19 did not slow down the start-up of new the Q-REG® (Electrodes Regulation System) for the ladle furnace at Gerdau, in Divinopolis plant – MG – Brazil.
 

Dan'roll technologies for steel and Aluminium strip processing

30 April 2020 Time: 14:35
The Danieli Dan’Roll team develops customized roll products for flat steel and nonferrous metal producers, worldwide.
 

F+M Engineering partners with Foundry and Metallurgy Engineering SA

11 March 2020 Time: 20:50
F+M Engineering is pleased to inform you that an important foreign investor has gathered a group of experienced people in the field of foundry and metallurgy to be part of a new company, named Foundry and Metallurgy Engineering SA, in Switzerland.
 

Danieli bloom caster at BaoWu Baoshan to be upgraded with new, hard reduction modules

4 March 2020 Time: 19:22
The 14-m CCM with 4 strands was supplied in 2008 to produce 320x425-mm sections and later revamped by Danieli in 2014 to add round sections up to 380 mm. The caster originally included 9 soft-reduction modules per strand.
 

Become part of the German Pavilion!

28 February 2020 Time: 18:12
The Metallurgy-Litmash is one of the most important trade and contact platforms in Russia. Every year it underlines its relevance on the Russian market and is already firmly established there. Do not miss this important industry event and take advantage of the increasing demand for metallurgy, foundry technology and castings in Russia.
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