3.6% growth in product quality in Mobarakeh Steel Company

Mining News Pro - Achieving the desired quality in products requires quality production in each of the production stages.

Brazil seeks $20.7 billion from Vale, BHP over 2015 dam collapse

Brazil’s government presented on Thursday a counteroffer requesting that miners Vale and BHP and their joint venture Samarco pay 109 billion reais ($20.74 billion) as reparations for a tailings dam collapse in 2015.

US Steel, Nippon Steel receive all non-US approvals for merger

US Steel Corp and Japan’s Nippon Steel have received all regulatory approvals outside of the United States for their proposed $14.9 billion merger, the companies said on Thursday.

Iron ore price dips as falling China demand

Iron ore futures prices slid on Monday after some investors and traders liquidated long positions to cash in profits on bets of faltering consumption amid seasonally slack steel demand in top consumer China.

BHP-Anglo American deal raises alarm in Japan’s steel industry

Japanese steelmakers have raised concerns with Australian authorities that BHP Group could become too dominant in the global supply of coking coal if it goes ahead with a takeover of Anglo American.

BHP-Anglo American deal raises alarm in Japan’s steel industry

Japanese steelmakers have raised concerns with Australian authorities that BHP Group could become too dominant in the global supply of coking coal if it goes ahead with a takeover of Anglo American.

HSC's new record in DRI production

Mining News Pro - In May, Hormozgan Steel managed to break the record in module A of the direct regeneration unit by producing 3101 tons of sponge iron.

Production jump in Hormozgan Steel Company during 2 months of this year

Mining News Pro - Despite the existing problems and challenges, Hormozgan Steel Company was able to record a 3.7% jump in iron and steel production and an 8.9% increase in sponge iron production in the first 2 months of this year and compared to the same period last year.

15% increase in DRI production in Hormozgan Steel Company

Mining News Pro - The DRI manager of Hormozgan Steel Company's said: According to the plans made in line with the increase in production and the realization of the organization's goals, with the efforts of colleagues, in the nine months of this year, the company's sponge iron production has increased by 15% compared to the same period last year.

Cliffs CEO weighs lowball bid for US Steel with union backing

Cleveland-Cliffs Inc. chief executive officer Lourenco Goncalves said he’d consider another bid — with union support — for United States Steel Corp., albeit at a significantly lower price than the existing offer from Nippon Steel Corp.

HOSCO intends to become the first producer of green steel in Iran

Mining News Pro - CEO of Hormozgan Steel Company said: By using hydrogen in the direct reduction process, Hormozgan Steel will soon become the first producer of green steel in Iran and free of carbon pollution.

MSC produced 12 new special products this year

Mining News Pro - Chief executive of Mobarakeh Steel, stated: "This year, we achieved good things despite the challenges, but unfortunately, this year we also faced unprecedented restrictions in the field of electricity and gas, which jeopardized the full realization of goals and production flow."

A new record in daily DRI production for HOSCO

Mining News Pro - The first daily production record of Hormozgan steel was recorded with the production of 5958 tons of sponge iron on April 13 this year.

Khuzestan Steel is the pioneer in development of the Iran's steel industry

Mining News Pro - Chief executive of Khuzestan Steel Company says that the company is the narrator of the development and evolution of the industry and it was put into operation with a capacity of one million and 500,000 tons.

Nickel price crash seen extending Indonesia’s grip on supply

A prolonged slump in nickel prices is stress-testing producers worldwide, raising the prospect of sweeping mine closures that will deepen Indonesia’s dominance of global supply.

Iron ore price rebounds on renewed hopes of China stimulus

Iron ore futures prices recouped losses on Thursday, after falling for five straight sessions, helped by the latest support for the property market and renewed hopes of monetary easing in top consumer China.

India to exempt certain steel product imports from quality control requirements

Mining News Pro - India may exempt certain steel product imports from quality control requirements to meet domestic demand and rein in prices, broadcaster ET Now reported on Thursday citing sources.

Biden extends EU steel, aluminum tariff exemption for 2 years

Mining News Pro - US President Joe Biden on Thursday extended the suspension of tariffs on European Union steel and aluminum for two years to continue negotiations on measures to address overcapacity and low-carbon production.

Japan’s Jan-March crude steel output forecast to rise 1.7%

Mining News Pro - Japan’s crude steel output is forecast to rise 1.7% year on year in the first three months of 2024 because of healthy demand from automakers, the Ministry of Economy, Trade and Industry (METI) said on Tuesday.

Nippon Steel agrees to buy US Steel for $14.1 billion

Mining News Pro - Nippon Steel Corp. will buy United States Steel Corp. for $14.1 billion to create the world’s second-largest steel company — and the biggest outside of China — with a key role in supplying American manufacturers and automakers.

4 percent jump in blast furnace section for ESCO

Mining News Pro - In the first six months of the current year, ESCO's blast furnace department achieved a 4% increase in cast iron production and a 7% increase compared to the same period last year.

60 percent jump in ESCO’s rebar export

Mining News Pro - From the beginning of the year, the export of ESCO’s rebar has grown by 60% compared to the same period in the previous year.

Obtaining safe and reliable iron ore reserves for the continuation of MSC production

Mining News Pro - In an interview with Foolad Radio, the director of mineral processing of Mobarakeh Steel Company stated: “Access to reliable iron ore reserves is for the continuation of the production of Mobarakeh Foulad Group.”

Chadormalu has a new record in steel ingot production

Mining News Pro - With the intelligent management of Chadormalu Mining and Industrial Company, the daily production of steel ingots with export quality exceeded 5555 tons.

Iron ore price eyes fifth weekly gain despite China intervention

Mining News Pro - Iron ore futures erased earlier losses and are set for their fifth weekly gain on Friday as property support-led optimism in top consumer China outweighed headwinds from the latest intervention from authorities.

Esfahan Mobarakeh Steel co.
HOSCO
khuzestan steel
chadormalu Co.
ghadir neiriz co
IranAluminaJaajarm
sangan steel
ahan o fulad golgohar