A hot mix asphalt production plant has been established in Qazvin Province’s Alamut region, Managing Director of Qazvin Roads and Urban Development Organization Masoud Haqlotfi said.
The plant, with a capacity to produce 150 tons of asphalt per hour, has been established by Kandovan Pars Company, the Ministry of Roads and Urban Development reported on its website. According to Haqlotfi, the company is in contract with the organization to renovate roads in eastern and western parts of Alamut. The official noted that the region is a mountainous and attractive travel destination and requires frequent road maintenance. According to Chairman of Iran Road Maintenance and Transportation Organization Davoud Keshavarzian, Iran’s asphalt production exceeds domestic demand by more than 115 million tons. “We need close to 25 million tons of asphalt per year for road maintenance. The municipalities use a further 10 million tons. This is while 900 asphalt producers in Iran churn out more than 150 million tons every year,” he was quoted as saying on the sidelines of the Ninth International Exhibition of Bitumen, Asphalt, Insulation and Related Machinery, aka BAIEX 2018, held in Tehran last month.
Northwest European steelmakers are hiking their hot-rolled coil (HRC) offers in response to strengthening Italian prices, and to use as leverage in fraught contractual negotiations.
Domestic Italian hot-rolled coil (HRC) prices continued to firm today, spurred further by yesterday's news that steelmaker ArcelorMittal will ramp down all its Ilva blast furnaces by 15 January.
Ukraine's largest privately owned energy firm DTEK and Danish wind turbine producer Vestas have completed construction on the 100MW Orlivska wind farm in Ukraine's Zaporozhe region, bringing DTEK's renewable portfolio to 1GW.
Drops in steel prices and quota exhaustion changed the trade flows for certain products in and out of the EU in September, Eurofer data show.
Venezuela's president Nicolas Maduro ordered the grounding of all commercial and private aviation in anticipation of tomorrow's nationwide protests summoned by the US-backed opposition.
French tubular steelmaker Vallourec expects Brazilian demand to pick up in the fourth quarter, while oil and gas demand in the US is expected to decline.