Tag Archives | iron ore

Iran’s Steel Production Target “Achievable”

By John Lee. According to a report from Platts, Iran’s target of boosting its steelmaking capacity from about 33 million mt/year now to 55 million mt/year by 2025 is achievable and could even be met ahead of deadline. Mohammad Abka, managing director of steel sector consultancy FIECO, is quoted as saying that the industry might […]

Iran to impose Iron Ore Export Duty

By John Lee. Iran reportedly plans to impose a 10-percent export duty on non-concentrated iron ore from the beginning of the next Iranian year (March 21, 2018). Jafar Sargheini, a deputy at the Ministry of Mines and Industry, is quoted as saying that the duty will also be increased from 10 percent to 15 percent […]

Iran Discovers Huge Iron Ore Reserves

By John Lee. Iran has reportedly discovered huge reserves of iron ore in Yazd province. Press TV quotes the Director General of Yazd’s Industry, Mine and Trade, Mohammad Reza Alamdar-Yazdi, as saying that new find is estimated to hold two billion tonnes of reserves, with iron content of 70 percent, at a depth of 1,500 […]