Cleveland-Cliffs clashes with US Steel as sale process gets underway

Mining News Pro - US Steel Corp is locked in a spat with rival steelmaker Cleveland-Cliffs Inc over a confidentiality pact that would allow the latter to participate in a sale process that is underway, people familiar with the matter said on Wednesday.

Khuzestan Steel Company modifying their consumption pattern

Mining News Pro - The CEO of Khuzestan Steel Company, said: "The culture of consumption in our company should be institutionalized, of course, the aim is not to eliminate costs absolutely, but to control costs." There is a need to make past experiences a beacon for the future.”

Employees of Golgohar Iron and Steel Development Company donated 30 liters of blood

Mining News Pro - The employees of the company donated 30 liters of their blood and blood products during this charitable act.

Preventing the wastage of 1.5 million liters of water in Esfahan Steel Company

Mining News Pro - The project of transferring condensed water to the company's chemical treatment plant was successfully completed and the waste of one and a half million liters of water was prevented every year.

Sweden’s H2 Green Steel raises $1.6bn for Boden plant

Mining News Pro - H2 Green Steel has raised equity funding of about 1.5 billion euros ($1.6 billion) to build the world’s first large-scale green steel plant, the Swedish steel company said on Thursday, in line with plans presented in April.

Hormozgan Steel intends to produce 10 million tons of steel in the province

Mining News Pro - The CEO of Hormozgan Steel Company said that they are trying to become the most important players of steel production in the country by implementing numerous development plans and realizing the production of 10 million tons of steel in Hormozgan province.

Mobarakeh Steel Company accounted for the largest share in foreign exchange savings

Mining News Pro - Last year, Mobarakeh Steel Company accounted for the largest share in foreign exchange savings with 170.1 million dollars.

ArcelorMittal weighs possible bid for US Steel

Mining News Pro - ArcelorMittal SA, the world’s second-largest steelmaker, is considering a potential offer for US Steel Corp, three people familiar with the matter said on Wednesday.

ArcelorMittal weighs possible bid for US Steel

Mining News Pro - ArcelorMittal SA, the world’s second-largest steelmaker, is considering a potential offer for US Steel Corp, three people familiar with the matter said on Wednesday.

JSW Steel considers 75% interest in Teck’s coal business

Mining News Pro - JSW Steel is considering forming a consortium to bid for a 75% interest in Teck Resources’ steelmaking coal business, according to a Bloomberg report.

Esmark makes $7.8 billion offer for US Steel Corp

Mining News Pro - Esmark, a privately held company, said on Monday it had made an offer to buy US Steel Corp for $35 per share, or an equity value of $7.8 billion.

Sweden’s H2 Green Steel lines up Vale, Rio Tinto for iron ore supply

Mining News Pro - Swedish metal and hydrogen company H2 Green Steel (H2GS) said on Wednesday it has signed multi-year deals with miners Rio Tinto and Vale for the supply of iron ore pellets from Canada and Brazil.

Hormozgan Steel Company is the leader of "production growth" in Iran’s steel industry

Mining News Pro - Since the beginning of this year, Hormozgan Steel has been the leader of the production growth in the country's steel industry by registering a 7.5% jump in the production of metal and 23% in DRI production.

The 33.2% share of Mobarakeh Steel Group in the 8.8% growth of Iran's steel production

Mining News Pro - The vice president of operation of Mobarakeh Steel said: The report of the World Steel Association in May 2023 indicates that despite the 5.1% decrease in global steel production, the steel production of Iran has experienced an 8.8% growth, and Mobarakeh Steel Group has increased by 33% during this period. It has produced 2% of the country's total steel.

Craze for anything EV sends steelmaker on $18 billion ride

Mining News Pro - The frenzy surrounding all things EV has transformed a sleepy South Korean stock into one of the world’s best performing large and mid-cap names. But headwinds are emerging.

The success of Khuzestan Steel Company in the first 3 months of this year

Mining News Pro - Khuzestan Steel Company has performed very well in the first 3 months of this year in terms of production and sales.

The CEO of KSC: Iran’s steel industry is on the edge

Mining News Pro - Amin Ebrahimi said that the resilience of the country's steel industry has reached an alarming limit following the intensification of challenges such as the shortage and high cost of energy carriers.

Tycoon Jindal’s JSW Steel scouts for global coal mining assets

Mining News Pro - JSW Steel Ltd. is on the lookout for coal assets globally as the tycoon Sajjan Jindal-led mill seeks to tie up raw material supplies for its expansions in India.

Hormozgan Steel Company received the social responsibility award

Mining News Pro - Hosco received the “Social Responsibility Award” in the Third Public Relations and Social Responsibility summit.

India’s JSW Steel considering bid for stake in Teck coal unit

Mining News Pro -India’s steel producer JSW Steel is considering a bid for a stake of up to 20% in Canada’s Teck Resources steelmaking coal business, Bloomberg News reported on Saturday, citing people with knowledge of the matter.

38.7% jump in Mobarakeh Steel Company sales revenue this year

Mining News Pro - The CEO of Mobarakeh Steel Company said that the sales revenue of Mobarakeh Steel Company has grown by 38.7% in the first 4 months of this year compared to the same period last year.

Iron ore price posts worst day in 9 months on slowing steel output

Mining News Pro - Dalian and Singapore iron ore futures sank more than 3% on Monday as traders awaited fresh news on China’s stimulus amid idling production, while the country’s weak demand data dragged trader sentiment lower.

Khuzestan Steel Company increases its capacity

Mining News Pro - The construction plan of Electric Arc Furnace No. 7 with the production capacity of one million and 200 thousand tons and the plan of the new office building for Khuzestan Steel Company were examined.

Nippon Steel still interested in investing in Teck’s steelmaking coal arm

Mining News Pro - Nippon Steel remains interested in Teck Resources’ steelmaking coal assets, a spokesperson said on Tuesday, adding that talks continue despite Glencore’s latest offer for the Canadian miner’s coal business.

Record the lowest amount of graphite electrode consumption in the steelmaking area

Mining News Pro - The amount of electrode consumption in the steelmaking section of Mobarakeh Steel Company in April 2022 was 1.76 kg per ton of melt, which decreased to 1.60 kg per ton of melt in April of this year.

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