TEHRAN- The Islamic Republic managed to produce 16 million tons of crude steel in the past Iranian calendar year of 1394 (which ended on March 19, 2016), registering a 5.4-percent growth compared to its preceding year, IRIB news reported. According to the Secretary of Iran Steel Organization Seyed Soltan Khalifeh Soltan, 4.3 million tons of the ...

A delegation of Turkish steelmakers from more than 20 key firms and headed by the Chairman of Steel Exporters Association of Turkey Namik Ekinci gathered in Tehran on Tuesday to hold B2B meetings with their Iranian counterparts and assess the demand and trade potential of Iran's steel market. "Iran's steel production and demand have been on a constant ...

Tehran, Nov 16, IRNA -- The 12th International Exhibition of Iran Metafo kicked off here Monday with the participation of 95 companies from different world countries. Some 217 domestic companies are also present in the four-day exhibition. The foreign participants include Germany, Italy, France, Britain, India, Turkey, Russia, UAE, Australia,...

A senior Iranian official says the country has provided suitable grounds for the export of steel to other countries and its steel exports figure is expected to hit 4 million tonnes during the current Iranian calendar year (started March 20, 2015). Speaking to reporters in late Saturday, deputy minister of industry, mine and trade, Mehdi Karbasian,...

TEHRAN (ISNA)- World Steel Association announced that Irans steel output rose by 5.1 percent The amount includes five months production from January to May. Iran made 7 million tons of steel during the five months. Its production hit 6.6 million tons during similar period last year. Irans steel production in May rose by 2.1 percent, reaching ...

New Delhi, December 5, IRNA India Today magazine wrote in its Thursday edition that Iran-India trade balance which is currently 15 billion US dollars will based on two countries decision increase to $25 billion within the next 5 years. The report also informs that the Indian financial affairs organization is surveying the issuance of a US $200 billion ...

LONDON, March 12 (Reuters) - South Korean steelmaker POSCO , minority-owned by Warren Buffett's Berkshire Hathaway, has cut ties with government entities and sensitive industries in Iran such as energy and continues to trade with private firms, a letter showed. Tough Western measures imposed on Iran over its disputed nuclear programme have hit many ...

BEIJINGA large Chinese state-owned company said it signed a $712 million dollar contract to help build a steel plant in Iran, signaling that Beijing isn't ready to join Western nations in increasing pressure on Tehran over its nuclear program. A unit of state-owned metals giant China Nonferrous Metal Mining Group said in a statement Wednesday it will ...

By Reuters LONDON, Nov 11 (Reuters) - Iranian manufacturers and builders face serious shortages of steel and othermetalsas a new European Union export ban adds to troubles for an economy already reeling from sanctions on its finances and oil exports. Reliant on imports to make up a shortfall in its own steel production, data shows Iran's purchases ...