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Fuxin Special Steel orders coil handling system from AMOVA

23 August 2019 - 01:30
Fuxin Special Steel Co., Ltd., a stainless steel producer based in Zhangzhou in the southeastern province of Fujian, China, and part of Formosa Plastics Corporation, is going to expand its production facilities by a new hot rolling mill as well as cold rolling mills including continuous annealing line and numerous finishing lines.

Alcomet celebrates inauguration of HybrEx®25 from SMS group

23 August 2019 - 01:26
Alcomet AD, based in Shumen, Bulgaria, is proud to present the inauguration of its new HybrEx®25 from SMS group as one of a new generation of extrusion presses featuring an innovative drive concept.

Iran’s trade balance still positive

23 August 2019 - 01:21
Iran’s trade balance is still positive, according to the latest trade statistics released by Iran’s Ministry of Industry, Mine and Trade regarding the first four months of the current Iranian year (started March 21)

Iran seeks to renovate Afghanistan’s war-ravaged infrastructure

23 August 2019 - 01:14
After Iraq, Iran is setting eyes on reconstructing Afghanistan’s war-ravaged infrastructure. Iran’s shuttle diplomacy is active now. Iranian and Afghani delegations are meeting quite regularly to coordinate efforts.

Iran’s private firms call for stronger export credit guarantees to counter US sanctions

23 August 2019 - 00:30
In a letter to President Hassan Rouhani, private sector representatives have called on government to give more authority to the Export Guarantee Fund of Iran with regard to issuing export guarantees, according to the EGFI chief.

Scientists boast way to extract hydrogen from oil without emitting greenhouse gases

23 August 2019 - 00:17
Scientists said Tuesday they have developed a way of extracting hydrogen from oil without releasing greenhouse gases — a breakthrough they hailed as a ‘silver bullet’ for cleaner energy and the climate.

CBI governor: Europe should support INSTEX

22 August 2019 - 23:56
Governor of the Central Bank of Iran (CBI) Abdolnasser Hemmati said that the Europeans should show their seriousness about implementation of the instrument in support of trade exchanges (INSTEX) by ordering Iran's crude.

Iran official calls for compensation for tanker seizure

22 August 2019 - 23:51
Judiciary chief Ebrahim Raisi said Iran should be compensated for the seizure of an oil supertanker off the coast of Gibraltar after it was released on Thursday.

Why Chinese overseas investment growth is set to slow further

22 August 2019 - 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 spent $62b on imports of basic goods, medicine since March: CBI

22 August 2019 - 23:46
The governor of the Central Bank of Iran (CBI) said the country has spent $62 billion on imports of basic goods and medicine since March 21.
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