NEWS
IRON and STEEL   Iron Ore  

Inauguration of 2 Iron Ore Processing Plants in Sangan

Two iron ore processing plants were inaugurated in Sangan by First Vice President, Es’haq Jahangiri. Also, Minister of Industry, Mine and Trade, Mohammad Shariatmadari and chairman of the board of IMIDRO, Mehdia Karbasian attended the inauguration ceremony.

National Development Iron ore concentrate plant has production capacity of 2.5 million tonnes per year. It was established through the investment of 8 trillion rials and led to direct employment for 200 persons.

Also, Jahangiri inaugurated Opal Parsian pelletizing plant with annual production capacity of 5 million tonnes. This plant was constructed by 11 trillion rials investment through partnership of IMIDRO (40 percent investment) and Parsian Bank Investment company (60percent investment).

Pilot production of this plant was lunched at summer 2017.Second largest pelletizing plant at eastern part of the country created 150 direct employment.

Since 2013, above mentioned projects were stagnant but IMIDRO’s management in 11th government activated and implemented these projects through new strategies of cooperation with private sector.

During the inaugurated ceremony, Jahangiri noted the Iranian engineers’ capabilities and stressed that creative power has been created in human resource which can perform design, engineering and production of equipment for pelletizing plant.

He added that in resistance economy we are looking for dynamic forces. Another subject is investment of private sector in these projects. How could government to invest and complete these projects by construction budgets? Participation of private sector is the aim of the resistance economy.

News No: 1775
Date: 2018/12/30 - 00:17
News Source: IMIDRO

IMIDRO  Es’haq Jahangiri  Iron Ore  Opal Parsian  Sangan 

Comments:

Leave a Comment:

   
   
   
 

Turkey: Iron Ore Import Drops 11% in Aug’18

The tenth largest importer of Iron ore, Turkey has recorded decline in iron ore imports for the month of Aug’18. The imports recorded at 1.08 MnT in Aug'18, down 11% as against 1.22 MnT in July'18. The Y-o-Y imports witnessed a rise of 26% in Aug'18 as against 0.86 MnT in Aug'17.
 

Maintenance to dent LKAB pellet output

Swedish iron ore pellet producer LKAB is to extend maintenance at its Svappavaara pelletisation plant, with the facility now expected to be off line until January, dragging down 2018 output.
 

Chinese Steel Market Highlights - Week 39, 2018

This week Chinese steel market witnessed slowdown in trades and downtrend in domestic steel prices amid bearish sentiments prevailing in domestic market ahead of National day holiday. Also tedious buying from overseas buyers have kept export offers on lower side.
 

China portside iron ore narrows discount in September

Portside stocks of mainstream, medium-grade fines narrowed their discount to seaborne cargoes in September, as mills picked up buying at ports to build stocks for the golden week holidays, lifting portside prices.
 

China iron ore use, steel output seen peaking in 2018

China's crude steel production and iron ore demand are likely to peak this year, according to respective predictions from the Australian government and investment bank Morgan Stanley.
 

Vizag Steel Resumes Iron Ore Purchase from Karnataka E-auctions

Rashtriya Ispat Nigam Limited - public sector enterprise has resumed iron ore purchases from Karnataka e-auctions after a gap of 1 month. In the e-auction conducted on 17th Sept, the steelmaker procured fines and lump from NMDC Kumaraswamy mines. Prior to this, it had procured material from Karnataka in July.
Upcoming Events
Find a Job !
Tenders
Publications
 Mines & Metals

Mine & Business Today

 Scrap & Recycling

Ahangan

Our partners