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South Korean steelmakers raise prices amid higher material costs
South Korean steelmakers are raising the prices of their steel products to reflect increased costs of raw materials, industry sources said Monday, though the price hikes are likely to be lower than expected.
Chabahar to increase steel production: Official
The southeastern city of Chabahar has plans to increase steel output to 10 million tons per year by 2025, the managing director of Chabahar Free Trade Zone, Abdolrahim Kordi said.
Iran produces over 17m tons of crude steel in eight months: WSA
Iranian steelmakers cast 17.188 million tons of crude steel during the first eight months of 2019, marking 6.4 percent of increase compared to the corresponding figure of 2018, which was 16.153 million tons.
Baft Steel Complex ready for inauguration: IMIDRO
Kerman Province’s Baft Steel Complex, with a total investment of $134 million, is ready for official inauguration, announced the head of Iranian Mines and Mining Industries Development and Renovation Organization (IMIDRO).
Iran’s seven-month crude steel production nearly 15m tons: WSA
Iranian steelmakers cast 14.998 million tons of crude steel during the first seven months of 2019, marking 6.4 percent increase compared to corresponding figure of 2018 which was 14.091 million tons.
Iran’s three-month steel products top 5m tons: ISPA
Iranian steelmakers cast 5.27 million tons of steel products during the first three months of current Iranian year (March 21-June 21), which marks 15.6 percent of growth compared to corresponding figure of last year which was 4.56 million tons.
Iran’s six-month crude steel output shows 5.6% rise: WSA
Iranian steelmakers cast 12.79 million tons of crude steel during the first six months of 2019, marking 5.6 percent of increase compared to corresponding figures the previous year which stood at 12.11 million tons.
Iran’s five-month crude steel production tops 10m tons: WSA
Iranian steelmakers cast 10.623 million tons of crude steel during the first five months of 2019, marking 5.5 percent of increase compared to corresponding figure of 2018, which was 10.07 million tons.
British Steel bidder loses interest as UK fails to offer support
A frontrunner to buy British Steel has been deterred by the government’s refusal to provide backing for investment in the Scunthorpe steelworks, amid concern there is just a week left to save the company.
Lawmaker: Iran’s steel exports indicate US failure in sanctions policy
A senior Iranian lawmaker stressed that despite Washington’s hype about its bans and pressures on Iran’s steel industry, the country is still exporting the strategic product, rendering US sanctions obsolete.
Iran’s April crude steel production at 2.16m tons: WSA
Iran produced 2.16 million tons of crude steel in April, showing a 2.8-percent rise compared to the figure for the same month of 2018, which was 2.1 million tons.
Over 3m tons of steel slab, sponge iron produced in Hormuzgan Province
Close to 3.2 million tons of steel slab and sponge iron were produced in the Persian Gulf Special Economic Zone of Hormuzgan Province during the year to March 20.
Trump lifts steel, aluminum tariffs on Canada, Mexico
President Donald Trump on Friday announced a deal to lift US tariffs on steel and aluminum imports from Canada and Mexico that had created friction between the neighbors and blocked a new North American free trade agreement.
ISPA: Iran exported 4.8m tons of steel ingots last year
Iran exported 4.89 million tons of steel ingots in the year to March 2019, of which 67 percent were sent to target markets in the form of billets and blooms, according to figures by the Iranian Steel Producers Association (ISPA).

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