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Iran Contains Fire at Biggest Refinery, Production Intact

21 October 2019 - 18:44
A minor fire at Iran’s oldest and largest oil refinery in the Southwestern city of Abadan has been completely extinguished, authorities announced on Monday, underlining that the event left insignificant damage and production has survived intact.

Iran’s 4th Step to Reduce JCPOA Commitments Worked Out

21 October 2019 - 18:40
Iran has devised the fourth step in reducing commitments to the 2015 nuclear deal, the Foreign Ministry spokesman said, warning the remaining parties to the JCPOA that Tehran will definitely take the step if they fail to fulfill their undertakings.

Official: Sanctions on Iran’s Petrochemical Industry A Total Failure

21 October 2019 - 18:36
Head of Iran’s most profitable petrochemical plant said foreign sanctions on the country’s petrochemical industry have ended in complete failure.

GHI sets new aluminium recycling furnace for Latem Aluminium

21 October 2019 - 18:14
Latem Aluminium has reportedly received a tilting rotary furnace of 30-tonnes from GHI Smart Furnaces that will recycle aluminium for its new facility in Villadangos, Spain.

Alba wins Leading Corporate for Investor Relations at MEIRA Awards 2019

21 October 2019 - 17:51
Aluminium Bahrain B.S.C. (Alba), on course to become the world’s largest aluminium smelter, was recognised as the Leading Corporate for Investor Relations in Bahrain at the recently held 11th Middle East Investor Relations Association (MEIRA) Awards’ Ceremony.

IDRO Group says Iran's aluminium capacity on rise after commissioning of Jajarm Aluminum Complex

21 October 2019 - 17:46
According to the Industrial Development and Renovation Organization of Iran, also known as IDRO Group, Iran’s production capacity for primary aluminium is on the rise after the inauguration of a new smelter complex.

PNP backing lawsuit against WINDALCO for effluent emission; Wants residents to receive compensation

21 October 2019 - 17:40
According to a report on Monday, October 21, The People’s National Party (PNP) is backing legal action against West Indies Alumina Company (WINDALCO) for releasing effluent into the Rio Cobre and contaminating the river, which is a major water source for many residents living on its banks.

South Korea's January-September EV exports surge

21 October 2019 - 17:32
South Korean exports of electric vehicles (EVs) during January-September rose by 144pc from a year earlier to 49,160 units, supporting increased demand for cobalt and other key battery materials.

Shagang cuts steel prices as winter onset slows demand

21 October 2019 - 17:29
Chinese private-sector producer Jiangsu Shagang cut its rebar ex-works prices by 100 yuan/t ($14/t) for late October deliveries on rising supplies and sluggish demand.

China's steel sector profits remain limited in October

21 October 2019 - 17:27
China's steel sector profitability remained sluggish in the peak sales month of October as a slowing economy and high output rates pressured product prices.
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