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Rail industry development plan to be drafted within a month

1 December 2019 - 02:00
Iran’s Deputy Industry, Mining and Trade Minister for Industry Affairs Mehdi Sadeqi Niaraki said the draft for the country’s rail industry development plan will be prepared within in a month, ILNA reported.

Rio Tinto declares force majeure on aluminum shipments from Canada because of railway strike

28 November 2019 - 19:03
According to a Platts report Rio Tinto Aluminium issued a force majeure declaration on aluminium shipments out of Canada, caused by a weeklong strike which was affecting shipments via Canadian National Railways. The strike, which began on November 19 is likely to come to an end as a tentative agreement was signed between CN and the Teamsters union to end the strike amicably.

Iran to Open Key Railway on Monday

24 November 2019 - 15:30
Iranian President Hassan Rouhani is slated to officially open a major railroad in the Northwestern province of East Azerbaijan where the new link will significantly decrease the rail distance between Tehran and the provincial capital city of Tabriz.

China's steel output slows ahead of winter curbs

14 November 2019 - 19:40
China's crude steel output in October slipped to its lowest level since March at 81.52mn t, as narrowing profit margins slowed production slightly.

Russia : EVRAZ Crude Steel Output Down 2% in Q3 CY19

7 November 2019 - 07:52
Russian steel making company EVRAZ has recently announced its trading update for the Q3 of 2019. In the third quarter, EVRAZ’ consolidated crude steel output fell by 3.4% Q-o-Q, mainly due to the lower production volumes at EVRAZ ZMSK amid scheduled capital repairs.

India: NMDC Iron Ore Rake Movement to Chhattisgarh Based Units Up 38% in Oct'19

1 November 2019 - 14:23
NMDC (Chhattisgarh) supplied total 303 rakes (1.16 MnT) of iron ore in the month of Oct’19, up 59% against 190 rakes (0.73 MnT) a month before in Sept’19, according to railway movement data maintained with SteelMint.

Analysis: China's coal power extends westward shift

24 October 2019 - 16:41
China is increasing thermal power output in its inland northwestern region while cutting back in some coastal provinces, in a trend that could raise domestic coal consumption relative to imports in the future.

Rouhani: Iran, Iraq Determined to Implement Joint Railway Project

23 October 2019 - 21:25
Iranian President Hassan Rouhani announced that launching railway link between Iran and Iraq is on the two countries’ agenda, and said that the government will do its best to help pilgrims have an easier, safer and faster visit to Iraq.

Mitsubishi sells Australian iron ore, rail project to Sinosteel

21 October 2019 - 21:06
Mitsubishi Corp has handed over the full ownership of an iron ore expansion and rail and port infrastructure project in Western Australia to China’s state-owned Sinosteel that has been slated to cost A$10 billion ($6.86 billion) to develop, the Japanese conglomerate said on Monday.

Iran Becomes Permanent Member of CIS Council for Rail Transport

20 October 2019 - 20:21
Iran became a permanent member of the Council for Rail Transport of the Commonwealth of Independent States (CIS).
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