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Exports from mining sector stand at $5.6b in 10 months

1 March 2021 - 02:28
The value of Iran’s exports from the mining sector stood at $5.612 billion in the first 10 months of the current Iranian calendar year (March 20,2020-January 19, 2021), according to the data released by the Islamic Republic of Iran Customs Administration (IRICA).

Iran’s Ocean Port to Turn into Steel, Petrochemicals Hub

20 February 2021 - 00:07
An Iranian economic official said on Friday that due to its strategic position and the projects currently underway, Chabahar port will become a hub of steel and petrochemical industry in the country.

Iran’s sponge iron production leap outstanding

15 February 2021 - 00:37
While Iran is fighting the U.S. severe sanctions on its economy, and the country’s different industrial and economic sectors have been affected by the limitations and difficulties caused by the sanctions condition, the country’s mining sector is moving forward noticeably, overcoming such barriers.

Baffinland Iron Mines asks court to end hunters blockade

12 February 2021 - 21:58
Canada’s Baffinland Iron Mines is seeking a court order against a group of Nunavut hunters who have been blocking the Mary River mine’s road and airstrip in protest of a proposed expansion of the operation.

Vale invests in Boston Metal, eyeing carbon-free steel

10 February 2021 - 06:03
Vale has paid $6 million for a minority stake in the Boston Electrometallurgical Company (Boston Metal) as part of efforts to produce steel without carbon emissions, according to a statement on Tuesday.

Iran Registers 55-Fold Growth in Crude Steel Output in over 4 Decades

9 February 2021 - 00:01
Iran's current crude steel production volume has registered a significant growth as compared to 42 years ago, the Ministry of Industry, Mine and Trade's statistics showed.

“Domestic Production” materialized in mining sector

7 February 2021 - 22:22
This month last year, the previous head of Iranian Mines and Mining Industries Development and Renovation Organization (IMIDRO), which is the country’s major state-owned holding active in the mining sector, announced the organization’s top 10 targets to be followed up through some programs for domestic production of parts and equipment used in the mining sector as well as indigenizing required technology of this sector.

Iran Third in Steel Production Growth

6 February 2021 - 20:52
Iran ranked 3rd globally in 2020 in terms of steel production growth as it produced over 29 million tons of the metal despite US sanctions.

Iran’s Steel, Cast Iron Exports to China Top $773mln

6 February 2021 - 20:48
Iran’s exports of steel and cast iron to China reached $773 million during the first nine months of the current Iranian calendar year (March 21- December 20 2020-), according to Iran’s Customs Administration (IRICA).

Iron ore price dilemma – Will China actually cut steel output?

2 February 2021 - 03:14
China’s vast steel sector, and the iron ore industry feeding it, is grappling with a seemingly contradictory policy impulse that it should produce less this year, even as demand remains strong amid post-pandemic stimulus spending.
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