Mobarakeh Steel expects the first gas unit of its 914 MW Shahid Kazemi combined-cycle power plant to return to operation by the end of the current Iranian calendar year ending March 2027, following damage sustained…
Iran has suspended exports of steel slabs and flat products until May 30, 2026, according to an official directive issued by the Trade Promotion Organization of Iran (TPO). The directive mandates an immediate halt to…
Iran's Mobarakeh Steel Company (MSC) has halted all production operations following a series of airstrikes by U.S. and Israeli forces, according to company statements and media reports. The Isfahan-based steelmaker…
Iranian steel producers Mobarakeh Steel Company and Khuzestan Steel Company have been targeted in a second wave of U.S./Israel airstrikes, according to media reports, with the latest attacks hitting internal production…
Mobarakeh Steel Group, Iran's largest steel producer, has achieved a milestone with the first domestic production of S650MC high-strength hot-rolled steel sheet, marking a major step in localizing advanced…
Iran recorded a sharp increase in iron and steel exports in the nine months ending in late December, according to local media citing data from the Iranian Steel Producers Association (ISPA). Export revenues rose 27pct…
Iran produced nearly 15 mln tons of crude steel in the first six months of the current Iranian year (March 21-September 22), up 3.2pct YoY, according to the Iranian Steel Producers Association (ISPA). The rebound…
Iran exported 1.44 mln tons of finished steel products in the first five months of the Iranian year to August 22, down 7pct YoY, according to the Iranian Steel Producers Association (ISPA). Exports of long steel…
Mobarakeh Steel Company (MSC), Iran's largest steelmaker, has been awarded a contract by the Oil Ministry to develop the Madar gas field near Asaluyeh, the country's main gas hub on the Persian Gulf coast. The USD 595…
The Iranian Steel Producers Association (ISPA) and the Uzbekistan Metallurgy Association have signed a memorandum of understanding (MoU) to strengthen cooperation in the iron and steel sector. The agreement covers raw…
Iran's iron and steel exports rose 13pct YoY in the first four months of the current Iranian year (starting March 21), adding 469,000 tons, according to the Iranian Steel Producers Association (ISPA). The export value…
Iran's Mobarakeh Steel Company (MSC) announced that its subsidiary, Saba Steel & Rolling Mill, has successfully produced the high-strength hot-rolled automotive steel grade HAS60, equivalent to ATOS60, for the first…
Iran exported 105,000 tons of sponge iron, or DRI, worth USD 25 mln during the first month of the current fiscal year (March 21-April 21, 2025), marking a 33pct increase in volume and a 22pct rise in value, both on YoY…
Iran has signed an agreement with China's TCS company to provide engineering services for the construction of a sponge iron production unit in Kazakhstan, marking a key step in expanding regional industrial cooperation…
Iran has ordered cement and steel factories nationwide to halt or significantly reduce production for 15 days starting May 15 to manage soaring electricity demand, local media reported. According to Tejarat News, the…
Iran exported USD 918 mln worth of iron ore pellets in the Iranian calendar year 1403 (ended March 20, 2025), according to the Iranian Steel Producers Association (ISPA). The figure marks a 16pct decline compared to the…
Mobarakeh Steel Group, the Middle East's largest steel producer, has urged the Indian government to grant market access to Iranian companies, particularly for the export of semi-finished steel products, according to an…
Iran's steel production has faced a 6.7pct decline in the first 11 months of the current Iranian calendar year (March 2024-February 2025), according to the Iranian Steel Producers Association (ISPA). The downturn has…
Iran produced 20.4 mln tons of semi-finished steel from March 20 to November 21, 2024, according to the Iranian Steel Producers Association. This included 13.28 mln tons of billet and bloom and 8.058 mln tons of slab…
Iran exported USD 3.643 bln worth of steel products in the first seven months of the current Iranian calendar year (March 20-October 21), marking a 14pct decline from USD 4.255 bln in the same period last year…