steel production

Should Iran private sector invest in failed Pakistan Steel Mills?

Islamabad is studying plans to privatise its bankrupt steel maker. But, it needs over $100m and such huge investment is hard to come by in cash-stripped Pakistan. Iran Chamber Newsroom analyses if Iranian private steel makers should invest in PSM.

Mine and Industry

Factbox: Little global impact expected from US sanctions on Iranian metals sectors

The US government slapped sanctions on Iranian metals and some mining industry as part of its campaign to cut Iran’s non-oil revenues. But, this S&P Global Platts factobox shows such measures will have very marginal impact on the country’s sectors.

Mine and Industry

Analysis: US sanctions seen having little impact on Iran steel exports, but will hit imports

Recent punitive measures on Iranian meals and minerals is not expected to yield desired results as the sectors have previously been under US sanctions.

Mine and Industry

‘US sanctions on Iranian metals won’t hurt exports’

An executive order by Donald Trump about sanctioning exports of several Iranian metals will have very little impact and is nothing new for the Iranian producers.

Mine and Industry

Iran opens new steel mill to up annual output by 250k tons

The new company, located in the west of Iran, is supposed to add to the country’s annual steel production, as well as export the crude product to the neighbouring countries of Iraq and Syria.

Mine and Industry

Iran Q3 steel output rises over 7%: Worldsteel

Iran is now placed between Italy and Taiwan with 6.22 million tons of production. The country plans to increase the output to 55 million tons by 2025.

Mine and Industry

Iran crude steel output jumps over 17%: worldsteel

Iran plans to increase the output to 55 million tons by 2025. The country was the world’s second or third biggest steel importer with 11 million tonnes a year, but the rise means it’s now exporting its crude steel to other countries, especially Iraq and Afghanistan.

Mine and Industry

Iran steel industry takes off despite US sanctions

Iran is capable of producing 25 million tonnes of steel in the current fiscal year which ends on March 21, 2019 but foreign sanctions and duties are a big hurdle, the head of the Iranian Steel Producers Association says.

Mine and Industry

Iran ranks 14th in world steel production: World Steel Association

A new report released by the World Steel Association (WSA) shows that Iran has ranked 14th in the world in crude steel production in the first six months of 2017.

Mine and Industry

Iran eyes 15m tons of steel export per year

Irans Industries, Mining and Trade Minister Mohammad Reza Nematzadeh said the government is targeting 15 million tons/year of steel exports during the sixth five-year development plan (ending March 2022), the Iranian Steel Producers Association announced.