Esfahan Steel Company is currently operating at around half its nominal production capacity and needs about 6.5 million tons of iron ore lumps and metallic materials to operate at full capacity, the companys deputy head said. Nematollah Mohseni also said in a televised program on Monday that the country has sufficient iron ore reserves, although ...

MNA The director general of Esfahan Steel Company (ESCO) said Mon. that the first domestically-constructed rail tracks have been handed over to Iran's Railways, saying the rails are on par with the latest global standards. According to the Public Relations Department of the Esfahan Steel Company (ESCO), the first consignment of domestically-produced ...

Financial Tribune | Amir Havasi:The Iranian Parliament decided on Saturday that companies with losses exceeding half of their capital will be exempt from taxation on capital increase through revaluation of fixed assets. The measure, once implemented, can help a number of financially struggling companies stand on their feet, with one of the prime ...

Esfahan Steel Co., Irans third-largest maker of the metal, is seeking buyers amid plans to boost production as the nation rebuilds after years of international sanctions that hurt its economy. Companies in South Korea and Luxembourg are interested in taking a stake, Masoud Gholampour, research and and marketing manager at Novin Investment Bank, ...

IFP has flipped through the front pages of the Iranian dailies on Wednesday and picked headlines from 18 of them. The passing on Tuesday of Chairman of the Assembly of Experts Ayatollah Mohammad-Reza Mahdavi Kani at the age of 83 was placed on the front pages of almost all newspapers on October 22. The Iraqi premiers meetings with Irans Supreme Leader ...