NEWS
IRON and STEEL
 

Primetals Technologies receives FAC for automation upgrades at Gerdau Ouro Branco and conducts Industry 4.0 study

5 September 2019 Time: 16:13
In late March, Primetals Technologies received the Final Acceptance Certificates (FACs) for automation upgrades conducted on a third-party 6-strand billet caster and two blast furnaces of Gerdau Ouro Branco in Minas Gerais, Brazil.
 

Hot start-up of Danieli mould electro-magnetic braking for Tangshan thin-slab casters

5 September 2019 Time: 16:09
After seven years of operation Danieli carried out upgrades to the two thin-slab casters supplied in 2012 at TISCO in Tangshan, China.
 

Bundling machinery for bar/rod mill at AEMZ, Russia

5 September 2019 Time: 16:08
Abinsk Electro Metallurgical Works chose Sund Birsta technology and KNDelta binding machine with double wirefeeding for its mill in Abinsk, Russia.
NON-FERROUS
 

China Imports Of Bauxite Ore Rose By 24.9 Percent In 2019 Through July

5 September 2019 Time: 14:34
As improvements to low-temperature alumina production continue by refiners in the People’s Republic of China, the country’s thirst for overseas bauxite increases. Such was the story told by Customs data released on Sunday that showed a 24.9 percent jump on the year in imported bauxite in the year’s first seven months.
 

Bahrain's Alba raising $1.5 billion in bank debt -sources

5 September 2019 Time: 14:31
Aluminium Bahrain (Alba) , owner of one of the world’s largest aluminium smelters, is raising $1.5 billion in bank debt to refinance loans it obtained in 2016 to back its Line 6 expansion project, two sources familiar with the matter said.
 

Ball Corporation Introduces World’s First Aluminium Beverage Cup

5 September 2019 Time: 14:28
Colorado’s Ball Corporation announced earlier this week a pilot program for testing and marketing single-use aluminium beverage cups, which the firm says is the first step in introducing infinitely recyclable aluminium as an alternative to plastic.
 

Chilean miner Mantos Copper secures $250m to finance concentrator expansion

5 September 2019 Time: 20:15
Private Chilean copper producer Mantos Copper has secured $250 million to fund the expansion of the sulphides concentrator at its Mantos Blancos operation, which will extend the life of the open-pit mine until 2035 and reduce costs.
 

Global wind turbine fleet to consume over 5.5Mt of copper by 2028 — report

3 September 2019 Time: 15:51
Over 650 GW of new onshore and 130 GW of new offshore wind capacity will be installed between 2018 and 2028, which will consume in excess of 5.5Mt of copper, according to new analysis by Wood Mackenzie.
 

Excelsior to deliver first copper production from Arizona by year-end

29 August 2019 Time: 18:22
Excelsior Mining (TSX: MIN) just completed a pipeline corridor at the Gunnison copper project in southern Arizona, which means that the company is on track to deliver its first copper production in Q4 2019.
 

Zinc sentiment staring into the bear pit

3 September 2019 Time: 16:00
Where are zinc prices headed? It’s a question that brings distinctly different opinions and forecasts from the bullish and bearish camps.
 

Copper price bears “overlooking decent fundamentals”

24 August 2019 Time: 17:52
The price of copper came under pressure again on Thursday amid worries about a global economic slowdown, particularly in manufacturing, vital to overall demand for the bellwether metal.
 

Glencore could do for cobalt what it did for zinc – double the price

21 August 2019 Time: 21:08
The price of cobalt is up 18% over the last two weeks after Glencore announced it is halting operations at its Mutanda copper-cobalt mine in the Congo – until at least 2021.
 

CHART: Gold price suffers biggest fall in six years

6 September 2019 Time: 19:44
The gold price plunged in early morning trade on Thursday, in one of the worst trading sessions in dollar terms in gold market history.
 

Eldorado finds first Canadian mine may be richer than thought

5 September 2019 Time: 20:12
Canadian bullion producer Eldorado Gold (TSX:ELD)(NYSE:EGO) said on Thursday that exploration carried out at its Quebec’s Lamaque mine so far this year revealed high grade mineralization beyond the 2018 resource model in the lower portion of the deposit, as well as more ore clusters.
 

Greece grants Eldorado permits for gold project

4 September 2019 Time: 19:25
Eldorado Gold (NYSE: EGO) confirmed on Tuesday that it has recieved installation permits for its Skouries project and its Olympias mine from the Greek Ministry of Energy and Environment.
 

Argentina’s mining sector holds off investments as presidential election looms

6 September 2019 Time: 19:52
Argentina’s mining industry is following closely what opposition candidate Alberto Fernández, the front-runner for October’s presidential election, has to say when it comes to resources exploitation and foreign investment, as worries about the potential Peronist government turning to protectionist measures and populist policies.
 

Indonesian nickel ore export ban – implications for nickel supply

5 September 2019 Time: 20:33
In theory, Indonesia only allowed exports of ore grading below 1.7% Ni. Current developments in Indonesia, by the likes of QMB and Huayou, to construct leaching plants to process limonite ore grading below this level mean that the “low grade” ores can now be processed domestically.
 

China’s CATL becomes Pilbara Minerals’ knight in shiny armour

4 September 2019 Time: 19:20
China’s largest lithium battery maker has bought an 8.5% stake in Australian miner Pilbara Minerals (ASX:PLS), both companies said on Thursday, after falling prices caused mainly by oversupply drove the lithium producer to raise equity to fund working capital.
MINERALS
 

Billionaire Friedland-backed miner picks up iron ore deposit in Guinea

6 September 2019 Time: 19:48
Billionaire Robert Friedland-backed High Power Exploration (HPX) has secured rights to develop a massive iron ore deposit in Guinea left undeveloped for years by its previous owners.
 

China develops taste for high-grade iron ore as coastal furnaces fire up

5 September 2019 Time: 14:14
China's demand for iron ore pellets and high-quality ore is expected to accelerate in 2020 as a result of Beijing's push to shift dozens of steel mills to coastal regions in its battle to stop smog blanketing industrial cities.
 

How Iron Ore Was Processed after Mining

5 September 2019 Time: 14:06
Iron ore is an important raw material for iron and steel production enterprises.
 

BHP investors file resolution to cut funding for Australian coal lobby groups

4 September 2019 Time: 19:30
Several BHP Group shareholders, including the Church of England pension fund, are recommending the company suspend its membership in industry groups that advocate for policies inconsistent with the Paris climate change agreement.
 

Sentiment lifts in Indonesian low-CV coal market

3 September 2019 Time: 17:51
Further signs began to emerge that low-calorific value (CV) Indonesian coal prices could be starting to firm, with bids emerging at slightly higher levels than yesterday.
 

China’s coking coal imports rise in July

26 August 2019 Time: 19:10
China's coking coal imports rose in July as Chinese steel producers increased their restocking with import quotas at various ports fast running out.
 

FCB Horomill®: 25-year history told by Buzzi Unicem

15 February 2019 Time: 19:48
In the February issue of International Cement Review, Buzzi Unicem reviews its cooperation with Fives in the development of the FCB Horomill® technology.
 

RMA cementing alliances in northwestern BC

31 January 2019 Time: 17:28
A partnership of First Nations, exploration companies and provincial government representatives is working well, as the three groups collaborate to progress mineral exploration and mining in northwest British Columbia.
 

REFRAJET® Addmix: An innovative injection system

27 November 2017 Time: 14:29
The REFRAJET® Addmix technology is an innovative injection system that was developed specifically for the installation of cement-free sol-gel bonded refractory concretes of the REFRAJET® Nanobond type.
 

High-Speed Wirerod Mill Finishing End Commissioned at Fujan Tsingtuo, China

29 August 2019 Time: 13:25
The state-of-the-art finishing equipment for two wirerod rolling mills was successfully started up, including a 10-pass fast-finishing block characterized by easy ring changing, extreme rigidity, minimum vibrations, high-speed design and high-rolling quality.
 

HDGL#2 commissioned at Hoa Phat, Vietnam

29 July 2019 Time: 20:53
Danieli and Hoa Phat Steel Sheet successfully produced the first coil from Hot Dip Galvanizing Line #2 at the Pho Noi A facility.
 

World record: Ultra-thin hot rolled strip with a thickness of 0.6 millimeters produced on Arvedi ESP line supplied by Primetals Technologies

29 January 2019 Time: 18:30
In October 2018, an Arvedi ESP (Endless Strip Production) line installed in a plant belonging to the Chinese steel producer Rizhao Steel Group Co., Ltd (Rizhao) produced ultra-thin hot strip with a thickness of just 0.6 millimeters for the very first time.
 

Argentina’s mining sector holds off investments as presidential election looms

6 September 2019 Time: 19:52
Argentina’s mining industry is following closely what opposition candidate Alberto Fernández, the front-runner for October’s presidential election, has to say when it comes to resources exploitation and foreign investment, as worries about the potential Peronist government turning to protectionist measures and populist policies.
 

Billionaire Friedland-backed miner picks up iron ore deposit in Guinea

6 September 2019 Time: 19:48
Billionaire Robert Friedland-backed High Power Exploration (HPX) has secured rights to develop a massive iron ore deposit in Guinea left undeveloped for years by its previous owners.
 

Chilean miner Mantos Copper secures $250m to finance concentrator expansion

5 September 2019 Time: 20:15
Private Chilean copper producer Mantos Copper has secured $250 million to fund the expansion of the sulphides concentrator at its Mantos Blancos operation, which will extend the life of the open-pit mine until 2035 and reduce costs.
Auto
 

Demand for battery metals, renewables fuelling human rights abuse — report

5 September 2019 Time: 20:17
Most of the world’s top companies mining for lithium, cobalt and other minerals used in the making of electric vehicles’ (EVs) batteries, solar panels and other green technologies have been linked to alleged human rights abuses since 2010, a new report claims.
 

$1.6b allocated for modernizing transportation fleet

3 September 2019 Time: 17:29
Iranian deputy transport minister said National Development Fund (NDF) of Iran has allocated $1.6 billion for renovating the country’s transportation fleet, IRIB reported on Tuesday.
 

Australian lithium miners submerged by low prices

3 September 2019 Time: 15:39
Having raced to ramp up lithium production over the past five years to exploit surging prices, Australian producers are now scrambling to cut supplies as prices plummet on falling demand in the world’s top electric vehicle market.
ECONOMY
 

Over $666m worth of commodities traded at IME in a week

1 September 2019 Time: 13:20
During weekdays ending up to August 29, while 680.291 million tons (MT) of commodities worth over $666 million were traded at Iran Mercantile Exchange (IME), the trading volume and value experienced a growth of 169 percent and 81 percent, respectively.
 

Commodities worth $309m traded at IME in a week

29 July 2019 Time: 21:07
During weekdays ending up to July 25, approximately, 258.145 million tons (MT) of commodities worth over $309 million were traded at Iran Mercantile Exchange (IME).
 

Stock market value reaches $285.7b

22 July 2019 Time: 21:39
The value of stock market in Iran reached 12.282 quadrillion rials (about $285.714 billion) at the end of the third Iranian calendar month of Khordad (June 21), Securities and Exchange Organization (SEO) published on its website SENA on Sunday.
 

Over 62,000 tons of LPG sold at IRENEX to foreign buyers

4 September 2019 Time: 18:00
Some 71,000 tons of liquefied petroleum gas (LPG) was offered at the international ring of Iran Energy Exchange (IRENEX) on Monday of which over 62,000 tons was sold to foreign buyers, IRNA reported.
 

IRENEX to hold 6th round of heavy oil offering on Wednesday

18 August 2019 Time: 21:20
Unlike previous offerings, the sixth round of National Iranian Oil Company (NIOC)’s heavy crude oil offering at Iran Energy Exchange (IRENEX) is due to be held on Wednesday, IRNA reported.
 

IRENEX to hold 7th round of heavy crude oil offering

13 August 2019 Time: 23:00
National Iranian Oil Company (NIOC) will offer two million barrels of heavy crude oil at Iran Energy Exchange (IRENEX) on Tuesday, IRNA reported.
 

TEDPIX gains 2,500 points in a day

3 September 2019 Time: 17:34
TEDPIX, the main index of Tehran Stock Exchange (TSE) rose 2,500 points to 285,573 on Tuesday, IRIB reported.
 

IFB base market’s amended regulations for more transparency, efficiency

1 September 2019 Time: 22:32
The amendments made in the regulations of the base market of Iran's over-the-counter (OTC) exchange market, known as Iran Fara Bourse (IFB), are aimed to boost transparency and also efficiency in this market, IFB Managing Director Amir Hamooni said in a press conference on Saturday.
 

Iranian bank to open branch in India

1 September 2019 Time: 13:27
Iran’s Bank Pasargad is going to open a branch in India in the next couple of months to help boost trade between the two countries by providing a channel to bypass the U.S. sanctions which have blocked international banking channels, Financial Express reported.
 

Singapore delivered bunker premiums hit record high

28 August 2019 Time: 19:46
A shortage of bunker fuel and barges in Singapore has sent delivered premiums for 380cst high-sulphur fuel oil (HSFO) to record highs.
 

Startups Enter Insurance Industry

28 July 2019 Time: 21:23
Insurance industry plans to allow startups to handle 10% of Iran’s insurance market in the current fiscal year that started on March 21, said the head of Central Insurance company of Iran.
 

Official: Iran’s Insurance Industry Unaffected by Sanctions

5 December 2018 Time: 20:14
Director of the Central Insurance of Iran said the country’s insurance industry has successfully avoided being affected by the anti-Iran sanctions.
 

Exports from small industrial units up 15% in 5 months on year

4 September 2019 Time: 18:07
The value of exports from Iranian small-sized industrial units has increase 15 percent during the first five months of the current Iranian calendar year (March 21-August 22) compared to the figure of the same period of time in the past year, IRNA reported, quoting Mohsen Salehinia, the deputy industry minister, as saying on Wednesday.
 

34 industrial units inaugurated in Tehran Province

27 August 2019 Time: 22:40
On the occasion of the Government Week (August 24-30), 34 industrial units were inaugurated in different areas of Tehran Province on Tuesday, IRNA reported.
 

Industry ministry takes major steps for promoting domestic production, exports

25 August 2019 Time: 22:08
Iran’s Ministry of Industry, Mining and Trade has implemented several programs for promoting domestic production and increasing exports in the current Iranian calendar year.
 

Tehran, Damascus ink MOU on banking cooperation

2 September 2019 Time: 17:04
Central banks of Iran and Syria signed a memorandum of Understanding (MOU) on Monday for expansion of banking cooperation between the two countries, IRIB reported.
 

Iranian banks’ foreign assets up 13%

2 September 2019 Time: 16:16
The total value of Iranian banks’ foreign assets by June 21 stood at 9.245 quadrillion rials (about $220.11 billion), registering a 13-percent rise compared with the corresponding period of last year.
 

NIMA supplies over €7.19b for imports of basic goods

1 September 2019 Time: 22:52
Iran’s domestic Forex Management Integrated System (locally known as NIMA) has supplied €7.197 billion for imports of basic goods since the beginning of current Iranian calendar year (March 21) up to August 29, IRNA reported on Friday.
 

Bahrain's Alba raising $1.5 billion in bank debt -sources

5 September 2019 Time: 14:31
Aluminium Bahrain (Alba) , owner of one of the world’s largest aluminium smelters, is raising $1.5 billion in bank debt to refinance loans it obtained in 2016 to back its Line 6 expansion project, two sources familiar with the matter said.
 

$1.6b allocated for modernizing transportation fleet

3 September 2019 Time: 17:29
Iranian deputy transport minister said National Development Fund (NDF) of Iran has allocated $1.6 billion for renovating the country’s transportation fleet, IRIB reported on Tuesday.
 

Why Chinese overseas investment growth is set to slow further

22 August 2019 Time: 23:49
China’s overseas investment growth will likely slow or even decline in the next few years, as geopolitical and economic risks around the world increase, according to credit rating agency, Moody’s Investors Service.
 

Iran to Further Solidify Economic Infrastructures against Foreign Plots

28 July 2019 Time: 22:16
Iran will undertake a new measure to contain foreign-backed shocks against its economy with operationalizing the long-anticipated initiative of Integrated Currency Market by mid-August, in a bid to strengthen its economic system in the face of foreign interventions.
 

Iran Railroad Expansion: Accomplishments, Grand Plans

18 April 2018 Time: 17:13
In the last few years, Iran has demonstrated its strong political will to reemerge as a regional transportation hub.
 

Chinese Company to Supply 630 Cars for Tehran Subway

14 March 2018 Time: 22:45
China Railway Rolling Stock Corporation Changchun Railway Company (CRRC CRC) and Tehran Wagon Company have won the tender to build and supply 630 cars for Tehran’s Subway on Wednesday.
 

Iran’s LNG exports to Afghanistan quadruples in 5 months

4 September 2019 Time: 17:58
Export of Liquefied Natural Gas (LNG) from Iran’s Doqaroun border to Afghanistan has increased by 200 percent in the first five months of the current Iranian calendar year (March 21-August 22), Fars New Agency reported, quoting Doqaroun Customs Director General Mohammad Kouhgard as saying on Tuesday.
 

Private sector’s contribution to development of Shahid Rajaee Port rising

3 September 2019 Time: 17:47
Located in Iran’s southern province of Hormozgan, Shaid Rajaee is the country’s largest and best-equipped container port.
 

IKAC constructs new building for economic activities

3 September 2019 Time: 17:32
Imam Khomeini Airport City’s Free Trade Zone has constructed a new building for economic activities, particularly for company registration.
 

IRGC wing to construct artificial island

5 September 2019 Time: 22:54
The Khatam al-Anbiya Construction Base, a business conglomerate and the construction wing of the Islamic Revolution Guards Corps (IRGC), plans to build an artificial island in the Persian Gulf, near Kish Island, a free zone.
 

Next year’s budget bill to be submitted to parliament on schedule

4 September 2019 Time: 18:03
Head of Iran’s Planning and Budget Organization (PBO) said the government will submit the budget bill for the next Iranian calendar year (starts on March 20, 2020) to the parliament on December 6 as it is scheduled, IRIB reported on Tuesday.
 

Iran, Turkey form preferential trade agreement committee

4 September 2019 Time: 17:51
Senior officials from Iran and Turkey’s economic sectors met on Tuesday as a committee to follow up on the preferential trade agreement reached between the two countries.
GEOLOGY
 

Old Nakhlak has become young!

25 May 2019 Time: 11:47
Me-Metals: Behrouz Borna; member of Iran Minerals Production and Supply Company (IMPASCO) board of directors said: Regarding high attention of IMPASCO to the exploration sectors and extensive exploration operations in some parts of country, we have been able to convert Lead mine of Nakhlak which didn’t have harvestable resources before and had been changed to old Nakhlak, to young Nakhlak through exploring new resources.
 

India: Karnataka Govt Invites Bid for 4 Iron Ore Blocks

22 May 2019 Time: 12:51
Department of Mines and Geology (Govt. of Karnataka) has floated the tender for auctioning of 4 iron ore blocks in Karnataka for its 4th phase.
 

Old Nakhlak has become young!

29 April 2019 Time: 12:34
ME-METALS – Behrouz Borna; member of Iran Minerals Production and Supply Company (IMPASCO) board of directors said: regarding high attention of IMPASCO to exploration sectors and extensive exploration operations in some parts of the country, we have been able to convert Lead mine of Nakhlak which didn’t have harvestable resources before and had been changed to old Nakhlak, to young Nakhlak through exploring new resources.
ENVIRONMENT
 

Greece grants Eldorado permits for gold project

4 September 2019 Time: 19:25
Eldorado Gold (NYSE: EGO) confirmed on Tuesday that it has recieved installation permits for its Skouries project and its Olympias mine from the Greek Ministry of Energy and Environment.
 

India: Goa Govt Announces Base Price for 22nd Iron Ore E-auction

26 August 2019 Time: 18:48
Directorate of Mines & Geology (DMG), govt. of Goa has notified base price of iron ore lots for 22nd e-auctions which is to be held tomorrow (i.e. 22nd Aug’19). Total quantity put for auction is 5.341 MnT with base price ranging from INR 300- 500/MT.
 

Almex to provide aluminium billet and slab casting technology and equipment to Western Extrusions

19 August 2019 Time: 16:42
Almex USA Inc. has announced its selection as the technology and equipment provider for the future casthouse of Western Extrusions Corporation of Carrollton, Texas, USA. Western is one of the leading independent aluminum extruders in North America and its Carrollton facility among the largest in America at a single site.
ENERGY
 

Escalating U.S.-China trade war, a blessing in disguise for Iran’s oil industry?!

2 September 2019 Time: 17:14
The U.S.-China trade war, which has been going on for more than a year, entered a new phase last week as China not only imposed new tariffs on U.S. goods in retaliation against Trump's actions, but took the matter a step forward by putting "crude oil" on its tariff list.
 

Indian Oil Corporation to make alumina-based battery for electric vehicles

29 August 2019 Time: 19:29
To avoid future dependency on China for lithium batteries, Indian Oil Corporation Limited (IOCL) will reportedly make an alumina-based battery, which will be used for running electric vehicles.
 

Iran Says Capable to Restore Oil Output in 3 Days

29 August 2019 Time: 19:17
Iranian Oil Minister Bijan Namdar Zanganeh reassured that the country’s oil output can increase to pre-sanctions’ volume 3 days after limitations are removed.
 

6th line of Iran’s national gas network ready to go on stream

4 September 2019 Time: 18:02
Managing Director of the National Iranian Gas Company (NIGC) said the country's two western gas pipelines, namely the sixth and ninth pipelines, will soon be officially inaugurated by President Rouhani, IRIB reported.
 

Over 62,000 tons of LPG sold at IRENEX to foreign buyers

4 September 2019 Time: 18:00
Some 71,000 tons of liquefied petroleum gas (LPG) was offered at the international ring of Iran Energy Exchange (IRENEX) on Monday of which over 62,000 tons was sold to foreign buyers, IRNA reported.
 

Iran’s LNG exports to Afghanistan quadruples in 5 months

4 September 2019 Time: 17:58
Export of Liquefied Natural Gas (LNG) from Iran’s Doqaroun border to Afghanistan has increased by 200 percent in the first five months of the current Iranian calendar year (March 21-August 22), Fars New Agency reported, quoting Doqaroun Customs Director General Mohammad Kouhgard as saying on Tuesday.
 

Over 62,000 tons of LPG sold at IRENEX to foreign buyers

4 September 2019 Time: 18:00
Some 71,000 tons of liquefied petroleum gas (LPG) was offered at the international ring of Iran Energy Exchange (IRENEX) on Monday of which over 62,000 tons was sold to foreign buyers, IRNA reported.
 

China Will Impose 5% Tariff on US Crude

25 August 2019 Time: 18:23
China's plans to levy 5% tariff on US crude imports from September 1 caused a drop in benchmark crude prices Friday, jeopardized seaborne US crude shipments heading to China and limited buying interest in US crude from Chinese refiners.
 

New 100,000t SPM system installed in Siraf port

22 August 2019 Time: 22:32
Iran's Fajr Jam Gas Refinery has installed a new 100,000-ton single-point-mooring (SPM) system near Siraf Export Terminal in southern Bushehr province, Shana reported on Wednesday.
 

Iranian petchem companies eager for using domestic catalysts

3 September 2019 Time: 17:27
Managing Director of Iran’s Petrochemical Research and Technology Company (PRTC) said the country’s petrochemical complexes are keen on utilizing domestic catalysts in their operations, IRIB reported on Monday.
 

SP Chemical attains on-spec ethylene at Taixing cracker

28 August 2019 Time: 19:50
Chinese producer SP Chemical has achieved on-specification ethylene production at its Taixing 700,000 t/yr LPG-based cracker.
 

Analysis: Korea focuses on petchems amid trade pressure

22 August 2019 Time: 22:48
South Korea is focusing on petrochemical investments to support its export-reliant economy, which has been hit by a trade war with Japan.
 

Vital actions for mineral dewatering circuits

5 September 2019 Time: 14:56
Mine water management is currently a hot topic. Demands are changing and dewatering processes and efficiencies must be improved.
 

10 major dams to go operational by yearend

25 August 2019 Time: 12:04
Iranian Energy Minister Reza Ardakanian said 10 major dams are going to be inaugurated in nine provinces across the country by the end of the current Iranian calendar year (March 19, 2020).
 

Iran’s nominal electricity generation capacity touches 85GW

22 August 2019 Time: 22:33
The nominal capacity of electricity generation at Iranian power plants has reached 84,795 megawatts [84.795 gigawatts (GW)], IRNA reported on Wednesday.
 

Iran strongly moving to advance nuclear goals: AEOI chief

29 August 2019 Time: 13:15
The head of the Atomic Energy Organization of Iran (AEOI), Ali Akbar Salehi said, “We clearly announce people that we are strongly moving to advance nuclear goals”.
 

Liquidity crunch pressures Indian coated steel prices

28 August 2019 Time: 19:39
India's coated steel prices dropped further this week, as consumption remained minimal with buyers delaying payments because of a lack of funds.
 

14 renewable power plants go operational across Iran

27 August 2019 Time: 22:42
Head of Iran’s Renewable Energy and Energy Efficiency Organization (known as SATBA) said 14 new renewable power plants started operation in nine different provinces during the Government Week, IRIB reported.
 

Iran to Take Third Nuclear Step If No Progress Seen in EU Talks: Official

29 August 2019 Time: 18:50
Iranian President’s Chief of Staff Mahmoud Vaezi said if no progress is seen in the upcoming talks with the European parties to the 2015 nuclear deal, known as the Joint Comprehensive Plan of Action (JCPOA), Tehran will certainly take the third step in reducing nuclear commitments.
 

Iran strongly moving to advance nuclear goals: AEOI chief

29 August 2019 Time: 13:15
The head of the Atomic Energy Organization of Iran (AEOI), Ali Akbar Salehi said, “We clearly announce people that we are strongly moving to advance nuclear goals”.
 

Iran Planning 3rd Step to Reduce Nuclear Commitments: Spokesman

19 August 2019 Time: 18:20
Iranian Foreign Ministry Spokesman Seyed Abbas Mousavi highlighted the continued failure of the European parties to the 2015 nuclear deal to live up to their obligations, and said the Islamic Republic is planning the third step to reduce its nuclear commitments.
 

Demand for battery metals, renewables fuelling human rights abuse — report

5 September 2019 Time: 20:17
Most of the world’s top companies mining for lithium, cobalt and other minerals used in the making of electric vehicles’ (EVs) batteries, solar panels and other green technologies have been linked to alleged human rights abuses since 2010, a new report claims.
 

BHP investors file resolution to cut funding for Australian coal lobby groups

4 September 2019 Time: 19:30
Several BHP Group shareholders, including the Church of England pension fund, are recommending the company suspend its membership in industry groups that advocate for policies inconsistent with the Paris climate change agreement.
 

14 renewable power plants go operational across Iran

27 August 2019 Time: 22:42
Head of Iran’s Renewable Energy and Energy Efficiency Organization (known as SATBA) said 14 new renewable power plants started operation in nine different provinces during the Government Week, IRIB reported.
 

Danish Firm Will Join Japan Offshore Wind Projects

21 January 2019 Time: 15:31
Tokyo Electric Power Company Holdings has signed a memorandum of understanding with Danish energy business Orsted to work together on offshore wind projects.
 

Sportswear Giant Signs Second Wind Power Deal

21 January 2018 Time: 23:24
Sportswear giant Nike has signed its second major wind power agreement with Avangrid Renewables. The deal is for 86 megawatts of wind power from the Karankawa Wind Farm in Bee and San Patricio counties in Texas.
 

Google to Meet All Energy Needs From Clean Power

2 December 2017 Time: 12:55
Google, the biggest corporate buyer of renewable energy, is buying even more—536 megawatts of wind power from four power plants.
 

Washington's plots and threats not to scare away Iranian oil buyers

27 August 2019 Time: 22:48
Nearly 10 days after the release of Iranian super tanker Grace 1 by the Gibraltar court, despite all the U.S. warnings that anyone dealing with the Iranian oil tanker would face sanctions, Iran announced that the supertanker’s 2 million-barrel cargo has been sold and the vessel is heading to a destination determined by the buyer.
 

NIDC digs 124 oil, gas wells in a year

26 August 2019 Time: 22:29
National Iranian Drilling Company (NIDC) has dug 124 oil and gas wells across the country during the past year, Shana reported quoting the managing director of the company as saying on Sunday.
 

Iran seeks to revive oil pipeline across Iraq to Syria amid sanctions: source

26 August 2019 Time: 22:23
Tehran has discussed with Baghdad the possibility of reopening a pipeline linking Iran and Syria through Iraqi territory to circumvent sanctions.
 

Iran, Russia stress implementation of joint projects

3 September 2019 Time: 17:16
Iranian Energy Minister Reza Ardakanian and his Russian counterpart Alexander Novak stressed accelerating the implementation of the two countries’ joint projects in a meeting in Moscow on Monday.
 

Indonesia’s nickel ban shows resource nationalism on the march

3 September 2019 Time: 15:43
Indonesia will enforce a complete ban on the export of raw nickel ore from Jan. 1, two years earlier than planned, as the nation seeks to lock in supplies for dozens of smelters that are under construction and buttress a drive to build out local processing capacity, an official said.
 

Iraq Planning New Ways to Keep Importing Energy from Iran

26 August 2019 Time: 17:59
Baghdad is resolute to preserve its trade and energy ties with Tehran with a plan to deposit several billions of US dollars in an account in an Iraqi bank to pay for imports of energy from Iran, said Secretary of Iran-Iraq Joint Chamber of Commerce Seyed Hamid Hosseini.
Transportation
 

IKAC constructs new building for economic activities

3 September 2019 Time: 17:32
Imam Khomeini Airport City’s Free Trade Zone has constructed a new building for economic activities, particularly for company registration.
 

Iran Plans Air Taxi Services

29 August 2019 Time: 18:46
Iran plans to launch air taxi services, says the head of Iran Airports Company, Siavash Amir-Mokri.
 

$24m Invested in Payam SEZ, Airport

29 August 2019 Time: 18:41
Iran’s private sector invested 2.68 trillion rials ($24.2 million) in Payam Special Economic Zone & Payam International Airport in Karaj, the central city of Alborz Province, during the five months to Aug. 22, which indicates a threefold rise compared with last year’s corresponding period.
 

Iran, Russia, Azerbaijan to set up INSTC working group

17 August 2019 Time: 21:26
In a meeting on Thursday, transport ministries of Iran, Russia and Azerbaijan agreed to form a working group in order to activate the International North–South Transport Corridor (INSTC).
 

Iran, Georgia sign transportation MoU

5 August 2019 Time: 23:10
Iran and Georgia signed a memorandum of understanding (MoU) on the development of transportation in Tbilisi on Thursday.
 

New Timeline for Tehran-North Freeway Completion

29 July 2019 Time: 20:05
The construction of Section-1 of Tehran-North Freeway has made 95.5% progress and the project is expected to come on stream by the end of summer (Sept. 22), according to the newly-appointed head of Mostazafan Foundation.
 

Private sector’s contribution to development of Shahid Rajaee Port rising

3 September 2019 Time: 17:47
Located in Iran’s southern province of Hormozgan, Shaid Rajaee is the country’s largest and best-equipped container port.
 

Indonesia’s nickel ban shows resource nationalism on the march

3 September 2019 Time: 15:43
Indonesia will enforce a complete ban on the export of raw nickel ore from Jan. 1, two years earlier than planned, as the nation seeks to lock in supplies for dozens of smelters that are under construction and buttress a drive to build out local processing capacity, an official said.
 

Kenya Exports First Oil Shipment

29 August 2019 Time: 18:33
K enya's President Uhuru Kenyatta flagged off the country's first export shipment of oil Monday, more than 200,000 barrels of crude.
 

Domestic companies to renovate 124 passenger wagons

4 September 2019 Time: 17:55
As the passenger wing of the Islamic Republic of Iran Railways (RAI), Iranian Raja Railway Transport Company has signed deals with three domestic companies for renovating 124 passenger wagons, ILNA reported on Tuesday.
 

Railway fleet receives 213 new domestically-made locomotives, wagons

3 September 2019 Time: 17:49
Some 213 new domestically-made locomotives and wagons were added to the railway fleet of Iran in a ceremony on Tuesday, IRIB reported.
 

Iran, Turkey in talks to launch Tehran-Istanbul railway

29 August 2019 Time: 13:13
Iran Railways CEO, Saeid Rasouli said Tehran-Istanbul railway will be launched in the near future.
 

Iran, Georgia sign transportation MoU

5 August 2019 Time: 23:10
Iran and Georgia signed a memorandum of understanding (MoU) on the development of transportation in Tbilisi on Thursday.
 

Transport Development Fund set up in Iran

2 August 2019 Time: 14:40
Establishment of the Transport Development Fund of Iran as a state-run company was officially started by Iranian First Vice President Es’haq Jahangiri as the Ministry of Transport and Urban Development was notified with the statute of the company.
 

Iran-Turkmenistan Gas Case Still Open

30 July 2019 Time: 16:25
The National Iranian Gas Company (NIGC) said that the gas case between NIGC and Türkmengaz Company was still being considered in the International Court of Arbitration.
Housing & Building
 

Iran’s int’l stone expo to host 6,000 businesspeople

5 August 2019 Time: 22:06
More than 6,000 businesspeople active in the field of decorative stones from around the world will take part at the 12th edition of Iran Stone Expo 2019 in early October, an official said.
 

Over 6,500 stone processing units operating across Iran

22 July 2019 Time: 21:04
Director General of Mineral Industries Office of the Ministry of Industry, Mining and Trade Seifollah Amiri said over 6500 stone processing units are currently active across the country, 500 of which are exporting to global markets.
 

The Essentiality of the Development of the Industry of Paper Production from Stones

10 June 2019 Time: 23:30
Me-Metals: The executor of the sodium carbonate paper production plan of Aligoodarz emphasized the need in the development of paper production industry from stones in the country.
 

Iran's Trade With Turkmenistan Tops $300m

29 January 2019 Time: 15:55
Iran traded $312 million worth of commodities with Turkmenistan during the 10 months to Jan. 20, according to Iran's commercial attaché to Turkmenistan.
 

Iran, Iraq in Talks to Ink Currency Swap Deal: Official

18 November 2018 Time: 18:51
Chairman of Iran-Iraq Chamber of Commerce Yahya Ale-Ishaq said the two countries are in negotiations to finalize a currency swap agreement in a bid to boost trade ties between the two neighboring countries.
 

Concrete, Mortar Mixers Imported

10 October 2017 Time: 16:16
Concrete and mortar mixers weighing more than 711 tons and worth 51.55 billion rials ($1.6 million) were imported into Iran during the five months to Aug.
 

Iran’s int’l stone expo to host 6,000 businesspeople

5 August 2019 Time: 22:06
More than 6,000 businesspeople active in the field of decorative stones from around the world will take part at the 12th edition of Iran Stone Expo 2019 in early October, an official said.
 

Iran ConFair 2019 running in Tehran

29 July 2019 Time: 21:11
The 19th edition of Iran’s International Exhibition of Building and Construction Industry (Iran ConFair 2019) kicked off at Tehran Permanent International Fairgrounds on Sunday.
 

Tehran City’s real estate deals down 73% in a month on year

2 September 2019 Time: 17:12
The number of real estate deals in Tehran City fell 73.7 percent in the fifth Iranian calendar month of Mordad (July 23-August 22), compared to the same month in the past year, Tasnim news agency reported citing the data released by Ministry of Transport and Urban Development.
 

Govt. launches project to build 110,000 affordable housing units

27 August 2019 Time: 22:33
Iranian President Hassan Rouhani officially launched the government’s National Action Plan for Construction and Supply of Housing on Tuesday, inaugurating a project for constructing 110,000 affordable housing units.
 

Construction Permits Decline in Q3

2 July 2019 Time: 16:43
The number of construction permits issued in Iran decreased during the third quarter of the last fiscal year that ended on Dec. 21, 2018, compared with the preceding quarter (ended Sept. 22, 2018), the Statistical Center of Iran's latest report showed.
 

Tehran City’s real estate deals down 73% in a month on year

2 September 2019 Time: 17:12
The number of real estate deals in Tehran City fell 73.7 percent in the fifth Iranian calendar month of Mordad (July 23-August 22), compared to the same month in the past year, Tasnim news agency reported citing the data released by Ministry of Transport and Urban Development.
 

Govt. launches project to build 110,000 affordable housing units

27 August 2019 Time: 22:33
Iranian President Hassan Rouhani officially launched the government’s National Action Plan for Construction and Supply of Housing on Tuesday, inaugurating a project for constructing 110,000 affordable housing units.
 

Tehran City’s real estate deals down 64.6% in a month on year

29 July 2019 Time: 21:44
The number of real estate deals in Tehran City fell 64.6 percent in the fourth Iranian calendar month of Tir (June 22-July 22), compared to the same month in the past year, IRIB reported citing the data released by Central Bank of Iran (CBI).
 

IRGC wing to construct artificial island

5 September 2019 Time: 22:54
The Khatam al-Anbiya Construction Base, a business conglomerate and the construction wing of the Islamic Revolution Guards Corps (IRGC), plans to build an artificial island in the Persian Gulf, near Kish Island, a free zone.
 

Iran's private sector ready to contribute to Iraq’s reconstruction

2 August 2019 Time: 14:45
Iran Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA) hosted a gathering on Tuesday between representatives of Iran and Iraq’s private companies active in the construction industry, the ICCIMA portal reported.
 

Iran ConFair 2019 running in Tehran

29 July 2019 Time: 21:11
The 19th edition of Iran’s International Exhibition of Building and Construction Industry (Iran ConFair 2019) kicked off at Tehran Permanent International Fairgrounds on Sunday.
Sciences
 

MIDHCO received the silver trophy of the sixth conference on Iranian Mines and Mining Industries Productivity Award

20 June 2019 Time: 13:53
Me-Metals – The ceremony of the sixth conference on Iranian Mines and Mining Industries Productivity Award was held with the motto “productivity as the foundation of competiveness in the national economy” on 27 Khordad, 1398 (17 June 2019) by the Iranian Mines and Mining Industries Development and Renovation Organization (IMIDRO) at the Eram Hotel in Tehran, Iran.
 

MSC wins award for management of innovation and technology

17 April 2019 Time: 11:08
A 6th edition of Iran National Award for Management of Innovation and Technology (IRAMIT) has handed its award for management of innovation and technology to Mobarakeh Steel Company (MSC).
 

Mobarakeh teachers have their own educational center, jointly built by MSC

17 April 2019 Time: 11:00
An education-welfare center for teachers was launched in Mobarakeh on Benevolence Day (March 5), with the education minister in attendance.
 

Canada's Geomega to recycle rare earth magnets

28 August 2019 Time: 19:36
Canadian firm Geomega has raised funds to build a demonstration plant in Quebec for recycling rare earth elements from permanent magnets using a new processing technology that creates no acid waste.
 

Innovative Foundry Technologies Support Current Trends in the Automotive Industry

22 August 2019 Time: 15:04
HA president Franz Butz gave a lecture at the China Foundry Industry Meeting on August 13.
 

Let the experts SEO company 724ws support your online business

18 August 2019 Time: 21:28
If you're the one who wants your online business or retail web site to face forward in the market and wish to beat your rivals in every means, then it is best to get your webpage optimized by SEO as we speak.
 

Let the experts SEO company 724ws support your online business

18 August 2019 Time: 21:28
If you're the one who wants your online business or retail web site to face forward in the market and wish to beat your rivals in every means, then it is best to get your webpage optimized by SEO as we speak.
 

Elecomp 2019 Set to Curb Paper Consumption

9 July 2019 Time: 19:57
To outline plans for the 25th International Exhibition of Electronics, Computers and e-Commerce (Elecomp 2019), Iran IT Organization and the ICT Guild Organization held a conference in Tehran on Saturday.
 

Minister: Iran, China United against US Unilateralism in IT Sector

30 June 2019 Time: 19:56
Iranian Minister of Communications and Information Technology Mohammad Javad Azari Jahromi described China as Iran's important partner in digital economy, and said both states are standing in the same front to confront the US unilateralism in the field of information technology (IT).
 

MSC Selected Asia’s 11th Most Admired Knowledge Enterprise

11 December 2017 Time: 21:34
Iran’s largest steelmaker, Mobarakeh Steel Company, has been selected as Asia’s 11th Most Admired Knowledge Enterprise in 2017.
 

University study confirms porphyry systems at Jaxon’s BC project

14 July 2019 Time: 17:45
Quartz tourmaline breccia has been identified as indicative of porphyry systems at Jaxon Mining’s (TSXV: JAX) Red Springs project in western Canada.
 

Amirkabir University to Launch Tech Complex

18 May 2019 Time: 14:31
Tehran-based Amirkabir University of Technology plans to launch a technology complex in collaboration with the state-owned Bank of Industry and Mine.
 

Sharif University Wins ICPC Bronze Medal

8 April 2019 Time: 16:31
A computer programming team from Tehran’s Sharif University of Technology won a bronze medal during the 43rd round of the International Collegiate Programming Contest (ICPC 2019). The contest was held in Portugal from March 31-April 5.
 

Iran, Russia to Boost Cooperation on Vocational Training

25 August 2019 Time: 19:08
Iranian and Russian officials discussed avenues to increase mutual cooperation between the two countries in area of vocational training.
 

Iran to Become Plane Parts Maker in 7 Years

6 August 2019 Time: 17:51
Iran's aerospace firms can become suppliers of spare parts for planes in the near future, an official said, adding that the country could even export spare parts to other world states at a later stage.
 

India Launches 2nd Mission to Moon

23 July 2019 Time: 14:35
India on Monday launched an ambitious mission to soft-land on the surface of the moon and deploy a rover, seeking to become only the fourth country to do so after Russia, the US and China.
Scrap & Recycling
 

Birmingham sent half of its aluminium abroad for the recycle in 2018

29 August 2019 Time: 19:31
Birmingham City Council has revealed that it sent over half of its aluminium abroad to be recycled last year. As per the report, 280 tonnes out of 529 tonnes of aluminium were sent to Germany, while the remaining 249 tonnes were sent to facilities within the United Kingdom.
 

Pollution curbs, iron ore prices lift China’s scrap use

28 August 2019 Time: 19:43
China's ferrous scrap consumption totalled 101.1mn t in this year's first half, up by 15.3pc from a year earlier on the back of higher scrap feed in the basic oxygen furnaces (BoF) of blast furnace-based steel mills.
 

Canada's Geomega to recycle rare earth magnets

28 August 2019 Time: 19:36
Canadian firm Geomega has raised funds to build a demonstration plant in Quebec for recycling rare earth elements from permanent magnets using a new processing technology that creates no acid waste.
METALLURGY
 

Formaldehyde emission limits: HA offers solutions for the Cold-Box sector

29 August 2019 Time: 19:34
Stricter emission limits for formaldehyde, which will also apply to older plants as from 2020 onwards, present many foundries with an additional challenge. Hüttenes-Albertus (HA) is ready to provide its customers with appropriate solutions, namely specifically developed innovations for Cold-Box binder systems, additives and coatings.
 

India: Neelachal Ispat Resumes Pig Iron Offers in Merchant Market

28 August 2019 Time: 18:47
Neelachal Ispat Nigam Ltd (NINL)- India’s largest and state owned steel grade pig iron manufacturer & exporter has floated fresh price circular for both steel & foundry grade. Prior to this, the last offers floated by company on 5th Jul'19, after that no fresh offers were quoted.
 

Innovative Foundry Technologies Support Current Trends in the Automotive Industry

22 August 2019 Time: 15:04
HA president Franz Butz gave a lecture at the China Foundry Industry Meeting on August 13.
 

REFRAJET® Addmix: An innovative injection system

27 November 2017 Time: 14:29
The REFRAJET® Addmix technology is an innovative injection system that was developed specifically for the installation of cement-free sol-gel bonded refractory concretes of the REFRAJET® Nanobond type.
 

Seven Expands Activities for the Aluminium Industry

30 March 2017 Time: 22:13
Less than a year after the publication of Seven’s first brochure for the aluminium industry, satisfied customers in several countries have been won. Deliveries have gone to Germany, Italy, the Slovak Republic, Russia, and Taiwan.
 

Seven Kazakhstan Factory Opened in February 2017

30 March 2017 Time: 21:16
Seven’s growth over the last years has triggered substantial expansions: In 2016, the main plant in Divača/Slovenia was expanded with fully integrated production, shipping, and storage systems. New and improved lines for dry-mixing and taphole clays are complemented by a brand new 300m2 laboratory.
 

India: Ferro Silicon Prices Remains Unchanged W-o-W basis

28 August 2019 Time: 19:26
Producers in India and Bhutan have maintained the prices of Ferro Silicon despite low demand and thin trading activities. India is experiencing such sluggish demand for Ferro Silicon owing to the bearish Stainless and Steel market and characterized by the oversupply of material. Although, the demand remains scattered, as a few producers were also heard to be booked for the month, while the others are undercutting the prices to attract buyers.
 

Large-Sized UHP Grade Electrodes Prices in China continue to remain Firm

28 August 2019 Time: 18:45
Bearish sentiments in China’s graphite electrodes market continued this week amid drop in the country’s domestic steel prices. The tepid downstream demand is taking toll upon China’s GE market and few of the EAF manufacturers have stalled their production resulting in plunge in GE demand and its prices (especially that of non-UHP grade electrodes and small sized electrodes).
 

How does China’s Needle Coke Market perform so far in 2019?

15 August 2019 Time: 13:23
In 2019, although the global needle coke prices maintained an uptrend, the Chinese prices moved in the opposite direction. The country’s needle coke market was affected by the decline in graphite electrode prices, and the domestic prices dropped 30-40% compared to 2018. Whereas over the same period, the companies ex-China continued to raise the needle coke prices, resulting in a price surge of 20% Y-O-Y basis.
 

Primetals Technologies receives FAC for automation upgrades at Gerdau Ouro Branco and conducts Industry 4.0 study

5 September 2019 Time: 16:13
In late March, Primetals Technologies received the Final Acceptance Certificates (FACs) for automation upgrades conducted on a third-party 6-strand billet caster and two blast furnaces of Gerdau Ouro Branco in Minas Gerais, Brazil.
 

Hot start-up of Danieli mould electro-magnetic braking for Tangshan thin-slab casters

5 September 2019 Time: 16:09
After seven years of operation Danieli carried out upgrades to the two thin-slab casters supplied in 2012 at TISCO in Tangshan, China.
 

Bundling machinery for bar/rod mill at AEMZ, Russia

5 September 2019 Time: 16:08
Abinsk Electro Metallurgical Works chose Sund Birsta technology and KNDelta binding machine with double wirefeeding for its mill in Abinsk, Russia.
 

Pet Coke Import Offers Fall; Domestic Prices Remain Firm in India

9 November 2018 Time: 17:58
Import prices of petroleum coke have decreased substantially over the month, though India’s domestically produced pet coke prices have continued to remain unchanged from the rates that prevailed since the start of this month.
 

Metallurgy exceeds expectations and should generate $350 million in business

28 September 2018 Time: 11:47
The atmosphere of satisfaction was general among the 120 expositor brands of Metallurgy 2018 - Fair and International Congress of Technology for Foundry, Steel, Forging, Aluminum and Services [Feira e Congresso Internacional de Tecnologia para Fundição, Siderurgia, Forjaria, Alumínio e Serviços], held from September 18 to 21, in Joinville, SC.
 

IN - Tata Motors closes gap with Mahindra for 3rd biggest PV maker in India

24 September 2018 Time: 21:24
Tata Motors is narrowing the gap with homegrown rival Mahindra & Mahindra (M&M) to challenge the position of third biggest passenger vehicle maker in India by sales.
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