NEWS
IRON and STEEL  

Iran: Government Aims to Maintain its Current State of Production and Sales

Iran, one of the largest steel producer and exporter in MENA region has produced 22.53 MnT crude steel in the 11 months of CY’18 as per the data released by World Steel Organization.

Production was up by 17% Y-o-Y against 19.28 MnT produced during the same period of CY’17.

According to Mr. Reza Rahmani, Minister of Industry, Mining and Trade, “there is no restriction on exports of goods from the country. He added ministry's primary priority is to maintain the current state of production and sales. Recently, government has removed the restriction on export of DRI from Iran.

Speaking about exploitation of mines, Mr. Reza said “The subject of mine in the nation especially in Sistan and Balochistan province is one of the priorities of the ministry and so far very good exploration activities have been carried out by state-owned companies.

Iran: DRI Production Increases by 19% in Current Persian Year

Iran, one of the largest DRI producer in world has produced 17,363,000 MT DRI during the first eight months of Persian year (21 Mar-21 Nov’18) as per the data released by ISPA. The nation reportedly witnessed a growth of 19% Y-o-Y in production of DRI against 14,600,000 MT produced in last year.

Major DRI producers during the period were

Mobarekah Steel was by far the largest manufacture of DRI in Iran during the current Persian year, the company produced 4,896,154 MT DRI. Production was stable during the period.

Khouzestan Steel was the second largest DRI producer during the current Persian year. The company produced 2,471,923 MT DRI in current year by registering a downfall of 10% Y-o-Y.

Other major producers includes HOSCO (1,151,112 MT), South Kaveh Steel (1,022,542 MT), Khorasan Steel (872,453 MT) and Saba Steel (820,010 MT).

News No: 3193
Date: 2019/01/08 - 02:20
News Source: SteelMint

MENA region  crude steel  World Steel Organization  Reza Rahmani  DRI 

Comments:

Leave a Comment:

   
   
   
 

Indian Sponge Makers Prefers Iron ore Over Pellets

Amid significant fall in domestic Iron ore prices, the sponge manufacturers in Central, East & Southern India are shifting their interest towards Iron ore rather than pellets.
 

Vietnam’s Steel Imports Fall, Exports Surge in 2018

Vietnam’s steel import-export numbers are out and according to country’s customs data, Vietnam’s steel imports have registered a fall of 9.6% y-o-y basis in 2018 and is recorded at 13.6 MnT whereas in terms of value the same has increased by 9% in 2018 against previous year and is recorded at USD 9.9 billion.
 

South Africa Pig Iron Exports Rise in November

South Africa pig iron exports surge by around 12,500 MT (19.69%) M-o-M & 24,500 MT (48.34%) Y-o-Y in Nov’18 & recorded three month high, according to the customs.
 

South Africa: Ferrous Scrap Exports Stable in Nov'18

As per recent customs data released, South African scrap exports have observed stability since Sept'18. The country exported 37,215 MT ferrous scrap in Oct’18, marginally up 2% M-o-M against 37,215 MT in Oct’18.
 

Japan Billet Exports Fall 14% in November

Japan - world's one of the largest steel producer has reported decline in Billet exports by 14% Y-o-Y in Nov'18. However on M-o-M basis, it is almost stable, as per recent released custom data.
 

Sweden: Ferrous Scrap Exports to Turkey Hit 6 Year High in Oct'18

Turkish scrap imports jump 9 folds while US imports remained nil in Oct’18 from Sweden
Upcoming Events
Publications
 Mines & Metals

Mine & Business Today

 Scrap & Recycling

Ahangan

Our partners