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Over $9b needed for completing semi-finished projects: industry min.

17 July 2019 - 20:19
Iranian Industry, Mining and Trade Minister Reza Rahmani said 390 trillion rials (nearly $9.3 billion) is required to finish unfinished projects with over 60 percent physical progress, Shata reported.

Iran to Earn $5bln by March from Energy Exports to Iraq

17 July 2019 - 19:58
Tehran will raise $5 billion revenues for its gas and electricity exports to neighboring Iraq by the end of the current local calendar year on March 20, 2020, said Secretary General of Iran-Iraq Joint Chamber of Commerce Seyed Hamid Hosseini on Tuesday.

Bangladesh: Importers Turn Active for Bulk Scrap Bookings

17 July 2019 - 12:09
In recent conversation with industry participants SteelMint learned that steel mills in Bangladesh have turned active for bulk bookings. It is learnt that 2 bulk cargos for ferrous scrap were booked recently from USA and Japan, to Bangladesh

Forecast for the global Foundry Industry

16 July 2019 - 14:48
Lower growth rates, geopolitical disturbances and risks

Launched! New AlCircle Report on “Red Mud (Bauxite Residue) Management: Storage & Valorisation”

16 July 2019 - 08:48
AlCircle has again come up with an informative report “Red Mud (Bauxite Residue) Management: Storage & Valorisation” to provide a comprehensive, in-depth study on red mud generation, processing, disposal/storage to various valorisation aspects including material extraction and usage in various end-applications.

Iran Allocates $2.4bln to Funding Small Enterprises

15 July 2019 - 22:52
Governor of the Central Bank of Iran Abdolnasser Hemmati said that Tehran is serious to support small and medium-sized enterprises (SMEs), adding that the government will fund SMEs with more than $2.4 billion by March 202

Iranian Knowledge-Based Company Produces Calcium-Based Alloys Used in Car Industry

15 July 2019 - 13:06
Iranian experts working for a knowledge-based company managed to produce calcium-based alloys with applications in auto industry.

Strategies for Presence of Iranian Companies in Iraqi Oil Projects Reviewed

14 July 2019 - 18:17
A number of the heads of industrial chambers in different Iraqi cities, who had visited Tehran to explore cooperation opportunities of Iranian and Iraqi companies, assessed various solutions for the effective entry of Iranian companies in Iraqi oil and gas projects.

NIOC to Ink 10 Domestic Deals on Production Maintenance, Enhancement

14 July 2019 - 18:03
An official with the National Iranian Oil Company (NIOC) said the company was planning to sign ten production maintenance and enhancement contracts with domestic firms within the next two months.

Turkey: Limited Trades Weigh Down Imported Scrap Prices

13 July 2019 - 15:23
SteelMint learned from industry participants that Turkish imported scrap prices have moved down, as steelmakers took a short pause amid weak sales of rebar and billet in both domestic and export markets in Turkey.
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