“With recent government directives, big mines are prohibited from exporting, while small-scale mines in the private sector are facing issues such as import duties and sanctions for exporting their products. These problems will be further complicated with the new round of sanctions on the steel industry,” said Mehrdad Akbarian, Head of the Iron Ore Association of Iran.
Due to the sanctions on the metals industry, exports as well as imports of products have been extremely difficult. Those working in the steel industry believe that when the domestic industry is under pressure from the outside, it is ever more important to focus on domestic capacities and the development of production, construction, civil projects, and new investments. We have had an opportunity to interact with Assadolah Farshad, CEO of Iranian Ghadir Iron & Steel, for this Insider Talk.
Goharzamin Iron Ore was established in 2004 to exploit Gol-e-Gohar’s iron ore deposit no. 3. Mining operations of 75 million tonnes per year (15 million tonnes of iron ore and 60 million tonnes of tailings) were performed to produce 10 million tonnes of iron ore concentrate and 10 million tonnes of pellets as feed for steel plants as part of the 20-year vision for the steel industry; about three thousand jobs (direct and indirect) were created. The company is currently working on the massive project of a pelletizing plant with a capacity of five million tonnes; the implementation of the project will significantly help the steel industry in the country. Our guest in this Insider Talk is Akbar Pooriani, CEO of Goharzamin.
The third development phase of Sungun Copper Complex is underway following a prolonged pause. Started a few years ago, the project was supposed to be the main driver of development in East Azerbaijan; the province holds massive reserves, a large part of which has remained unidentified. When discovered and exploited, these reserves will make Sungun one of the largest copper projects in the world. Domestic demand for copper and NICICO’s unused cathode production capacity have accelerated the third phase of Sungun’s concentration project; the company is also eyeing the smelting project, which had been left unfinished for the past ten years. But the managers of NICICO have been trying to resume the project for the past two years. For this Insider Talk, we have interviewed Reza Sharifi, manager of Sungun Copper Complex.
در حال بارگزاري
CEO of Iranian Ghadir Iron & Steel:
Due to the sanctions on the metals industry, exports as well as imports of products have ...
CEO of Goharzamin:
Goharzamin Iron Ore was established in 2004 to exploit Gol-e-Gohar’s iron ore deposit no. 3. Mining ...
Manager of Sungun Copper Complex:
The third development phase of Sungun Copper Complex is underway following a prolonged pause. Started a ...
CEO of Asia Mining Development Executives:
The accumulation of capital from operational profits of mining is the main source of mining investment. ...
CEO of Chahar Gonbad Copper:
Despite the strong domestic demand for copper concentrate, some producers are operating below capacity or even ...
CEO of IREFCO:
The refractories industry is a prerequisite for other large industries such as steelmaking; these industries are ...
Board Member at Sirjan Iranian Steel:
“Right now, maintaining the steel value chain is critically important; balance should be maintained not only for iron ore, concentrate, pellets, ...
CEO of Foulad Yazd:
“Prices in the entire steel value chain have dropped due to government policies. Producers prefer to export, but even that has ...
CEO of Chadormalu Mining and Industrial Co.:
“Among our future plans is taking part in the 2.5-million-tonne concentration project in Sangan; we are planning to buy Khorasan Steel’s ...
Senior Iron Ore Market Analyst:
“The largest pristine iron ore reserve in Asia is the Hajigak iron mine in Bamyan, Afghanistan; it contains 1.85 billion tonnes, ...
CEO of Khouzestan Oxin Steel:
“Owing to the sanctions, consumer industries in Iran (especially oil and gas industries) are turning to domestic producers; moreover, authorities are ...
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% ...
CEO of Copper World Kashan:
“Restrictions and limitations are not desirable anywhere, but if a country’s production is under pressure, it will move toward self-sufficiency to ...
CEO of Mahur Copper:
“Our 2.5-thousand-tonne cathode project has been put on halt for the past two years due to delayed liquidity funding by shareholders ...
CEO of Tarom Copper Industries:
“Producers, and especially miners, are not supported in Iran; they must be out of their minds to continue their operations. Rather, ...
CEO of Mazraeh Copper:
“We are planning to buy 680 hectares of land from the Department of Natural Resources and use it for Mazraeh Copper. ...
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 ...
CEO of Mehrgodaz Refractories:
“Following a contract for knowledge transfer, we have been able to produce special parts for casting used in steelmaking. These parts ...
CEO of Dirgodaz Azarbaijan:
“The refractories industry supports other major industries such as steel, cement, and petrochemicals; it can directly enhance their efficiency,” said Mahdi ...
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: 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. ...
Financial Performance of Fortescue Metals Group
Fortescue Metals Group was established in 2003 in Australia; with a production of 170 million tonnes of iron ore per annum, ...
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 ...
Market of Steel Rebar in 2018
Steel rebar is used in buildings and structures. It is most imported by countries where construction is thriving. Turkey was the ...
Sales of Steel Billets and Slabs in the CIS Are Soft
The market of steel billets and slabs in the CIS was not especially booming in June and the first half of ...
China's Market of CRC in June
The downward trend of CRC continued until the third week of June. Following the trade talks between Trump and China in ...
Nippon Steel Ended 2018 with Flying Colors
Nippon Steel Corporation is a Japanese steelmaker that was formed with the merger of Nippon Steel and Sumitomo Metal; it was ...
Performance of World's Largest Aluminum Producer
China Hongqiao Group Limited, the largest producer of aluminum in the world, was hurt by China’s environmental regulations over the past ...
Global Trade of Aluminum Wirerod Declined in 2018
Aluminum wirerod is used as conductor in the development of new and renewable sources of energy. As cheaper wirerod became more ...
Chalco's Performance over the Past Five Years
The largest state-run aluminum company in China, Chalco (Aluminum Corporation of China Limited) has not had satisfactory financial results compared to ...
Global Trade of Aluminum Sheets
The global trade of aluminum sheets has grown over the past few years. Among leading exporters, China and Germany (the top ...
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 Value of Khouzestan Steel Shares Declined
Since Khouzestan Steel is in the supply chain of the steel industry (especially Oxin Steel) and in accordance with the government ...
NICICO's Stocks Still Rising
The share price of National Iranian Copper Industry Co. (NICICO) grew about 60% over the past five months, while the global ...
Supply and Demand Offset Political Risks
Following the tensions between the US and Iran in the Persian Gulf in June, there were concerns of potential chaos in ...
ALIR1 Grew 100% over the Past Six Months
Despite the overall downward trend of global aluminum prices in H1 2019, Iralco’s stocks (ALIR1) have been on a constant upward ...
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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