Rail & Railways
The eight edition of Iran’s International Exhibition of Rail Transportation and Related Industries and Equipment (Rail Expo 2020) is due to be held based on the schedule, Iran International Exhibition Company (IIEC) announced in a statement.
The statement was released in response to a claim by the Islamic Republic of Iran Railways (RAI) that this year’s exhibition is not going to be held due to the coronavirus outbreak.
The decisions regarding the current year’s exhibitions are solely made by Ministry of Industry, Mining and Trade and all the events of the current calendar year will be held as scheduled, the statement said.
The 8th International Exhibition of Rail Transportation, Related Industries and Equipment of Iran is due to be held during May 28-31 at the Tehran Permanent International Fairgrounds.
A Minas Gerais state court in Brazil has revoked a decree from Brumadinho municipality that suspended Vale’s operating license after health agents said that the company’s onsite activities have “not respected the rules of social isolation.”
The deputy head of the Islamic Republic of Iran Customs Administration (IRICA) put the amount of basic goods imported to the country during the 45-day period since the beginning of the current Iranian calendar year (March 20) at over 2.2 million tons.
Seaborne spot premiums for iron ore pellet have come under further pressure this week from diversions into China, while concentrate premiums are unchanged.
Passenger and freight rail transport could suffer losses estimated at 5,050 billion rials ($31.5 million) and 1,000 billion rials ($6.2 million) by June 20 due to the spread of coronavirus, the secretary of Iran’s Guild of Rail Transport Companies says.
Iran’s Ports and Maritime Organization (PMO) is going to hold a conference on the efficient connection of the country’s ports to the national railway network, IRIB reported on Thursday.
Bahrain was the pioneer country in the Arab region to start an aluminium smelter. Starting as a 120,000 tonne per annum smelter in 1971, Alba today is a 1.36-plus million tonnes smelter.