Imidro is ready to help launching the seven steel projects

The government’s decision to withdraw export duty on steel products and raw materials will improve sector sentiment but may not materially increase the near-term earnings of domestic primary steel manufacturers because of subdued global demand, said CRISIL Ratings in a note.

According to statistics, in the seven months of this year, the trend of increasing steel production continued through recent months to October, and finally experienced an upward production of 12 to 19 percent compared to the same period last year, thus recording an average of 15 percent increase in production.

Production of steel in Iran has risen 9 percent in the 10 months of 2022, as compared to the same period of time over past year, the World Steel Association announced in its recent report.

Europe's energy crisis, high inflation rates and interest rate hikes have led german major company Thiessenkrupp to estimate a decline in sales revenue for its next fiscal year, while last fiscal year grew by 21. It is not possible to accurately estimate how big and wide the challenges ahead will be and how long they will continue.

After having plunged over 30 per cent since hitting a new high on March 4, copper prices are expected to rule lower for the rest of the year though supply woes are likely to prevent any sharp fall.

Iron ore prices are swinging between optimism and pessimism over the economic outlook in top importer China, but beyond the short-term oscillations a longer-term battle is looming.

Iron ore prices have come under increased pressure in recent months due to persistent demand worries from top steel producer China, with the country’s zero-COVID policy curtailing economic activity and weighing on ferrous markets.

Australian iron-ore miners Rio Tinto and Fortescue Metals Group are unlikely to see a repeat of record profits booked in recent years as they face soaring costs, falling prices and a tight labour market.

BEIJING - China has approved a coal mine project worth 3.1-billion yuan ($458-million) in the country's Inner Mongolia region, the National Energy Administration (NEA) said on Thursday.

In the first specialized conference to survey the steel chain and industrial units related to this chain, which was held in the form of a video conference in the presence of the heads, deputies and experts of the industry, mine and trade ministry of the provinces having steel units, the heads of the industry, mine and trade ministry organizations of the provinces presented their technical and expert views and opinions.

Two point three Million tonnes of commodities changed hands on IME

A knowledge-based company based in Sheikh Bahaee Science and Technology Park, relying on the development of technology in the field of material engineering and metallurgy, optimizes, designs and provides solutions in steel and non-metal industries.

Iran’s head of development and trade organization has said that Iran’s trade membership in the Eurasia Free Zone has been finalized

Representatives from Iran and Central Asian countries plus Russia have signed a joint statement following the first transit cooperation conference

UK Foreign Secretary James Cleverly announced this week that the UK and South Africa were establishing a new Partnership on Minerals for Future Clean Energy Technologies to promote increased responsible exploration, production and processing of minerals in South Africa and Southern Africa.

India's metallic and non-metallic minerals production index in September 2022 saw growth of 4.6 compared to the same period last year.

The 5th China International Import Expo (CIIE) opened in East China's Shanghai on November 4, 2022, with Iran in participation.

Prime Minister Narendra Modi addresses the Bhoomi Poojan ceremony of the expansion of ArcelorMittal Nippon Steel (AM/NS) integrated facility at Hazira, in Gujarat, via video conferencing, in New Delhi on October 28, 2022.

China's steel exports fell for the fourth month in a row in September, and some believe the  it will continue as global demand remains weak. China's steel exports in September had a 19 monthly drop and reached 4.984 million tons, but it was still 1.3 higher than the same period last year.