A lot of the things that we use daily are composed of cast aluminum parts and components. Casting is common because any part with any shape or application can be easily produced. Cast aluminum products are used in automotive, tools, radiators, home appliances, electric motors, and so on. But challenges such as working capital, modern technology, part imports, etc. are obstacles for founders of aluminum parts and components. We have interviewed, for this Insider Talk, Alireza Aghsaee, the CEO of Sanat Pazhohan Kia.
Since producers of brass billets and RBS (rods, bars, and sections) do not have access to copper cathode and cannot buy their demands on the IME (Iran Mercantile Exchange), scrap availability is crucial to them; theirs is the largest consumer industry of scrap as raw materials. Given that the trade of scrap has declined due to weak prices over the past few weeks, we are going to discover how scrap consumers meet their demands. In this Insider Talk, we are talking to Majid Seifan, CEO of one of the leading producers of brass billets and RBS.
Teck is one of the world’s largest mine producers of zinc. It has zinc mining operations in the US, Peru, and Canada. The company has one of the largest zinc and lead smelting and refining plants in the world in Canada. Teck produced 705 thousand tonnes of zin in concentrate and 303 thousand tonnes of refined zinc in 2018. The company is aiming to produce 635 thousand tonnes of zinc in concentrate and 307 thousand tonnes of refined zinc.
Over 26 million tonnes of was traded globally in 2018. With four million tonnes of exports, China was the largest exporter. The largest importer, the US imported four million tonnes.
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CEO of Sanat Pazhohan Kia Co:
A lot of the things that we use daily are composed of cast aluminum parts and ...
CEO of Shemshal:
Since producers of brass billets and RBS (rods, bars, and sections) do not have access to ...
CEO of Alumtek:
Reusing scrap in the production of aluminum products has been a serious challenge for producers over ...
Chairman of the Board at Ghoshouni Industries:
Due to weak demands, the production of copper and alloy billets has declined in Iran over ...
CEO of Golpayegan Fanavari Zob:
Self-imposed sanctions are a serious issue in the aluminum industry; instead of making the right decisions ...
CEO of Mesbar Kaveh:
Given Iran’s economic issues as well as the limited domestic market, it is becoming more important ...
Metals News: Iranian state-run companies, in cooperation with the private sector, will invest over 1.1 billion euro in Tabas Coal Mine ...
Metals News: Steel industry is of utmost importance for Iran, as it is the main supplier to a range of vital ...
Metalsnews: Iran’s largest steel producer, Mobarakeh Steel Company, has completed the installation of a new 5 million-ton/year iron ore pelletizing plant ...
Metalsnews: The Islamic Republic of Iran Customs Administration has banned the import of scrap metals from Iraq and Afghanistan following a ...
Metalsnews: Shadegan Steel Plant’s direct iron reduction unit is scheduled to be inaugurated on Sunday by President of Iranian Mines and ...
Metalsnews: HRC 2 mm thickness started week 20th at USD 571 /mt on truck in Anzali including 9% VAT and custom ...
Metalsnews: Iranian steel mills produced 6.369 million tons of crude steel in the first four months of 2017, registering a 14.3% ...
Metalsnews: Iran's Industries, Mining and Trade Minister Mohammad Reza Nematzadeh said the government is targeting 15 million tons/year of steel exports ...
Metals News: Ahmad Morad-Alizadeh who was in charge of the National Iranian Copper Industries Company and was hailed as a successful ...
Metals News: As long as we are faced with surplus supply in the aluminum market, producers will be harmed as a ...
Metals News: Copper is used in production of copper wire, copper pipe, electrical magnets, electromagnetic engines, Watt’s steam engines, electrical plugs ...
Metals News: Aprivate Iranian company is seeking joint venture partners to help develop copper, steel and other projects in the country, ...
Metalsnews: New gold, iron ore and molybdenum veins have been discovered in Qizil Uzan mineral zone located in the northwestern Ardebil ...
Metals News: Mouteh Gold Mine produced 117 kilograms of gold ingots during the first five months of the current Iranian year ...
Metals News: Egypt and Turkey led a slump in Middle East gold demand in the second quarter, with only Iran showing ...
Metals News: Gold hit its lowest since February on Thursday, extending losses after its biggest monthly decline in more than three ...
Metals News: China-based Xinhai Mining Technology & Equipment, a leading provider of mineral processing engineering, procurement, and construction (EPC) services, has ...
Metalsnews: The head of Iran Mining House announced that the proposal for establishing a bank dedicated to the mining sector with ...
Metalsnews: More than 310.7 million tons of mineral products were produced in Iran in the last fiscal year (ended March 20, ...
Metalsnews: The First Iran Mining Technology Conference is scheduled to be held by the Iranian Mines and Mining Industries Development and ...
Metalsnews: By the end of the previous Iranian year (ended March 20), about 22,500 billion rials ($0.6 billion) were allocated to ...
Metalsnews: The Fourth Iran-Europe Banking and Business Forum is to focus on investment opportunities in Iran and banking system improvements in ...
Metalsnews: Iran’s cement industry is operating at half capacity, the deputy head of Cement Employers Association said. ...
Metalsnews: The first major foreign investment project in the Iranian steel industry has come on stream. ...
Metalsnews: Golgohar Mining and Industrial Company (GEG) is considering purchasing an iron ore mine in Australia, manager Nasser Taqizadeh said. ...
Metalsnews: Coal transportation through the railroads managed by Islamic Republic of Iran Railways’ Sharq (East) Department topped 51,000 tons in the ...
Metalsnews: Iran’s two major coal producers extracted 1.32 million tons of coal and produced 482,150 tons of coal concentrate during the ...
Metalsnews: Tabas Parvadeh Coal Company’s expansion projects put out to tender have attracted investments worth €250 million, according to the company’s ...
Metalsnews: HRC 2mm thickness was traded at USD726/MT in Anzali on Saturday, but by the weekend it reached to USD695/MT. Some ...
Metalsnews: Debar diameter 14-25 mm started week 32 in Iran at USD 568 /mt ex-work Ahwaz including 9% VAT and USD ...
Tehran, Aug15, IMIDRO_ In second government of President Rouhani coordination of economic team will extend Iran and China economic ties, chairman ...
Metalsnews: The government is making another foray to enforce pricing, as the so-called Competition Council has announced a new pricing mechanism ...
Metalsnews: India’s National Aluminium Company Ltd., otherwise known as NALCO has put all its overseas projects on hold, including one in ...
Metals News: Lead and Zinc Complex, the largest zinc and lead reserves in the country, is expected to become depleted within ...
Metals News: Iran is Asia’s fourth largest lead and zinc producer following China, Kazakhstan and India. ...
Metalsnews: Iranian zinc smelting plants use only 150,000 tons of their 450,000-ton production capacity, the head of Iran Lead and Zinc ...
Metalsnews: The underwriting of the Iranian capital market’s first exchange-traded fund on Iran Mercantile Exchange ended last week with the attraction ...
Metalsnews: Investors warmly greeted the underwriting of the Iranian capital market’s first exchange-traded commodity on Iran Mercantile Exchange, as 80% of ...
Metalsnews: Iran’s capital market witnessed the underwriting of its first investment fund with Bahar Azadi Gold Coin as its underlying asset ...
Metalsnews: Elections can disturb the gold market, but it has not witnessed any fluctuations so far, said the head of Tehran ...
Metalsnews: Deputy Industries Minister Mehdi Karbasian, who is also chairman of the Iranian Mines and Mining Industries Development and Renovation Organization, ...
Metalsnews: A total of 1.5 million tons of minerals have been extracted from Chaharmahal-Bakhtiari Province’s mines so far in the current ...
Metalsnews: Major Iranian mining companies produced 56.44 million tons of mineral products during the first two months of the current fiscal ...
Metalsnews: Iran exported more than 57.68 million tons of mineral products worth over $7 billion during the previous fiscal year (March ...
Metalsnews: Tehran Stock Exchange’s main index lost 2.20 points or less than 0.01% to end Monday trade at 81,659.3. ...
Metalsnews: The Central Securities Depository of Iran issued 31 new trading codes for foreign investors during the third month of the ...
Metalsnews: Tehran Stock Exchange’s main index gained 12.82 points or 0.02% to end Sunday trade at 78,665.50. ...
Metalsnews: Tehran Stock Exchange’s main index lost 131.20 points or 0.17% to end Monday trade at a two-month low of 79,859.2. ...
Price of Iron Ore Conc Is Rising, While That of Pellets Has Stabilized
Iron ore prices went up as Brazil’s export declined and inventories in China’s ports shrank. Despite higher prices of raw materials, ...
Australia, Indonesia Largest Exporters of Coal
The global trade of coal has grown as the prices declined. The largest producers of iron ore, China and Indonesia ramped ...
Inventories of Brazilian Iron Ore in China's Ports
Inventories of iron ore in China’s ports have reached their lowest in the past three years. This was due to Vale’s ...
Iron Ore Inventories in China's Ports Declined in April
Demand growth for iron ore in April resulted in the depletion of inventories in China’s ports. According to the latest statistics, ...
Global Trade of Welded Steel Pipes and Profiles in 2018
Over 26 million tonnes of was traded globally in 2018. With four million tonnes of exports, China was the largest exporter. ...
Global Trade of CRC in 2018
Cold-rolled steel coil is used mostly in the automotive industry and home appliances. It is often traded regionally. This report is ...
Iran Ranked Sixth Among Global Exporters of Steel Slabs in 2018
Over 28 million tonnes of steel slabs was traded around the world in 2018. Like other steel semis, steel slabs are ...
Global Trade of Steel Billets and Blooms in 2018
Billets and blooms constitute for a significant share of global crude steel trade. A total of over 15 million tonnes of ...
According to ILZSG, Shortfall of Zinc Will Continue
In Q1 2019, mine and refined production of zinc declined year on year. Global markets were dealing with weak demands for ...
Performance of Teck in Q1 2019
Teck is one of the world’s largest mine producers of zinc. It has zinc mining operations in the US, Peru, and ...
Unprecedented Growth of Unwrought Tin Inventories
In spite of expectations of a good year for tin in 2019, none were realized; on the contrary, the price of ...
Overview of Lead in Major Global Exchanges
The price of unwrought lead had a generally downward trend in the LME and the SHFE; the trend did not continue ...
The Gold Market Controlled by Economic Powers
Owing to high profitability and low loss margins, gold has long been a safe asset for business people and investors. But ...
Metals News: Gold reserves have been discovered in the southeastern Sistan-Baluchestan Province, says Ali Asgharzadeh, the head of Mineral Explorations Department ...
Metals News: Millennia after the discovery of gold, the metal continues to retain its value and status as precious and remains ...
Metals News: IMIDRO_ Zarshouran gold processing two-ton plan will be implemented by contractors from domestic and foreign private sector, CEO of ...
An Analysis of the Global Trade of Refractory Materials
Refractory materials maintain their properties in high temperatures; they are used as consumables in industries, especially the steel industry. ...
The Course of Mining and Metals Industries
The recent decades have been rough for mining and metals industries due to the declining price of most commodities. Most companies ...
An Overview of the Thriving Trade of Graphite Electrode
Graphite electrodes are indispensable raw materials in steelmaking. The steel industry is increasingly using electric arc furnaces for production, significantly driving ...
Last year in Middle East the most important news was agreement between Iran and 5+1 countries. ...
The US Reduced Coal Consumption Despite Leaving the Paris Agreement
With a 2.2 billion tonnes of oil equivalent (TOE, the amount of energy released by burning one tonne of crude oil) ...
An Overview of the Telecom Infrastructure in Iran
The implementation of new technologies in telecommunications has been one of the major concerns of the government over the past few ...
An Overview of the Market of Telecom Wires and Cables
Ups and downs in Iran’s construction industry over the past few years verify the fact that government performance and foreign policies ...
An Overview of Telecommunications Networks
As the demand for fiber-to-the-home (FTTH) networks grew in Q4 2016, copper-based networks were increasingly replaced by fiber optic. Nevertheless, the ...
Metalsnews: Iron ore concentrate production of major Iranian mining companies in the first nine months of the current Iranian year (Mar.21_Dec.21, ...
Metalsnews: IMIDRO_ IMIDRO’s coal extraction rises 18% during the first nine months of the current fiscal year (March21-December 21, 2018). ...
Metalsnews: According to the report of public relations of IMIDRO, Tabas Coal Company and Central Alborz Coal Company (IMIDRO’s subsidiaries) produced ...
Metalsnews: IMIDRO‘s coal concentrate output during the first seven months of the current Iranian year (March21-October22), indicating a 10 percent growth ...
Price of HRC 2 mm thickness increased from USD 549 /mt ex-work Esfahan including 9% VAT to USD 555 /mt and ...
Long products were upward and a clear forecast for maximum price level seems impossible. Average price of debar rose from USD ...
Price of billet was upward and became almost unavailable at the end of the week. The average price of sizes 125 ...
HRC 2 mm thickness rose from USD 550/mt ex-work Esfahan to USD 584 /mt till last Wednesday. Ahwaz Rolling and Pipe ...
Nakhlak Lead and Zinc Complex produced 5,760 tonnes of lead during the first nine months of the current Iranian year (March21-December21, ...
Metalsnews: ALURIN (Aluminum Flat Rolling Industries Company) intends to launch an international call for identification and qualification of qualified contractors to ...
Metalsnews: Arman Rahavard Aluminium Raw Materials Supply and Production Company (ARALALUMINA) intends to hold an international Tender for alumina refinery plant ...
Metalsnews: Tehran, July30, IMIDRO_ Iran’s Aluminum production in the first three month of the current Iranian year (March 21-June21, 2018) increased ...
Metalsnews: Shockwaves from the recent US-North Korea crisis have heated the international gold market and investors rushed toward safe-haven assets with ...
Metals News: Iran is home to various world-class gold mines boasting 340 tons of proven reserves. ...
Metalsnews: Mouteh Gold Mine produced 45 kilograms of gold bars during the nine months to December 20, registering a 35.5% growth ...
Metalsnews: Bahar Azadi Gold Coin fell by 100,000 rials on Wednesday, changing hands for 12.10 million rials ($323) in Tehran’s market ...
Metalsnews: Iran exported over 44 million tons of mineral products worth over $7 billion during the first nine months of the ...
Metalsnews: Iran’s Deputy Minister for Industry, Mine and Trade Mehdi Karbasian says a special committee has been set up in the ...
Karbasian announced in 9th IIICF:
Metalsnews: Tehran, June 9, IMIDRO_ Iran mine and mining industries sector has attracted $5 billion of China’s $20billion finance in Iran ...
Metalsnews: The Ministry of Industries, Mining and Trade issued 702 mineral exploration permits during the nine months to Dec. 21, 2017, ...
Metalsnews: Tehran Stock Exchange’s main index gained 244.62 points or 0.25% to end Wednesday trade at 98,347.9. ...
Metalsnews: Tehran Stock Exchange’s main index gained 178.66 points or 0.18% to end Tuesday trade at 98,103.4. ...
Metalsnews: Tehran Stock Exchange’s main index gained 142.03 points or 0.15% to end Monday trade at 97,924.7. ...
Metalsnews: Tehran Stock Exchange’s main index shed 516.96 points or 0.53% to end Saturday trade at 97,782.73. ...
Mobarakeh Steel Company, now one of the largest industrial units in Iran, was constructed in an ...
Tehran, March7, IMIDRO_ Suministros Logisticos de Maquinaria(S.L.M ) and Iran Minerals Production and Supply Company (IMPASCO) ...
Tehran, April11, IMIDRO_ India’s largest aluminum producer, National Aluminum Company Limited, has expressed readiness to ...
Tehran, April19, IMIDRO_ Investors and Managers of 18 major mines and mining industries firms from Czech ...
Regarding The history of National Iranian Copper Industries Company we can mention the launching of Sarcheshmeh ...
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