Tag Archives | iron

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 […]

Iran’s Iron Ore Concentrate Production Up 43%

By John Lee. Major Iranian iron ore companies produced 6,053,900 tonnes of iron ore concentrate during the two-month period from 20th March to 21st May 2017, a 43 percent increase on the 4,225,579 tonnes produced in the corresponding period of last year. Gol-e-Gohar Company ranked first with production of 2,140,000 tonnes of iron ore concentrate. […]

Iran Ranks First among World’s DRI Producers

The Islamic Republic of Iran ranked first among countries producing Direct Reduced Iron (DRI) in January 2017, the preliminary data published by the World Steel Association showed. According to World Steel data, the estimated DRI output by Iran in January amounted to 1.325 million metric tons, Scrap Monster reported. India and Mexico were the second […]

Outotec to Supply Iran Iron Project

By John Lee. Finland’s Outotec has been awarded a contract by Shangdong Province Metallurgical Engineering Co., Ltd. (SDM) for the delivery of process equipment to the Sangan Iron Concentrate Project in North-Eastern Iran. The Iranian Mines and Mining Industries Development & Renovation Organization (IMIDRO) owns the Sangan mines and SDM is their engineering partner. The […]

Mittal signs €1bn iron deal in Iran

India’s Mittal Steel signed a €1-billion contract on Tuesday to produce iron in southern Iran. According to Press TV, the contract signed with Mahan Industries and Mines Development Company – a subsidiary of Iran’s Tourism Financial Group – envisages extracting iron and building a processing plant in the southern province of Kerman. Mahan has not specified […]

India may Build Iron Ore Plants in Iran

By John Lee. India’s state-run company KIOCL is considering building an iron ore pellet complex in Iran at a cost of about $59 million. According to the report from Reuters, the company is also in talks to sell more than 2 million tonnes of the steelmaking raw material to Iran. The deal could offer cheaper […]