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ECONOMY

The big role of steel industry in Iran’s development

The steel industry, the second biggest in the world after oil and gas with an estimated global turnover of $900 billion, has a history of more than 45 years in Iran where it is a strategic sector.

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ECONOMY

Largest Iranian pelletizing plant comes on line near Bafgh

Iran opens a massive pelletizing plant in the central province of Yazd with an investment of $360 mln.

sechahun pelletizing plant

ECONOMY

Iran’s sponge iron exports up 86% despite tariffs

Iran says sponge iron exports surged by 86% y/y in February despite a 10% tariff imposed on shipments.

Iran-Sponge iron

ECONOMY

Iran to stand by tariffs on raw metals exports: Minister

Iran’s industry minister says tariffs on export of raw metals are meant to help domestic producers.

iron ore

ECONOMY

Iran’s metals exports to China up %150 y/y: Report

A report shows Iran’s export of various metals and mining products to China have surged significantly.

sirjan iron

ECONOMY

Iran levies %25 of duty on export of raw ore

Iran says exports of raw minerals, including iron ore and pellets, is to be slapped with %25 of tariffs.

iran iron mill

ECONOMY

Iran’s DRI output surges by 12 percent: Report

Iran’s iron mills have produced 12 more direct-reduced iron pellets this year, according to a new report.

iran dri production

ECONOMY

Iran seeks investment in giant Afghan iron ore project

Iran wants to transfer Afghan iron ore to a processing plant on its soil across the border, Tolo News TV quoted acting minister of mines Nargis Nehan as saying Saturday.

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