Tag Archives: Steel

Iranian Minister of Industry. Mine and Trade Reza Rahmani said that his country has taken the necessary steps to reap more than $21 billion through exporting mineral products by the end of the current local calendar year on March 20. 2020.

The CEO of the National Iranian Oil Company (NIOC) said the company is to sign nine contracts with domestic companies for oil production enhancement and maintenance projects and it will continue signing contracts with domestic firms for its projects.

Some 784.000 tons of non-oil goods have been exported from Northeastern Iranian province of Khorassan Razavi in the last 6 months. which shows a 30% rise in comparison with corresponding period in the last year.

Some 784.000 tons of non-oil commodities worth $776 million were exported from the northeastern Iranian province of Razavi Khorasan in the first half of the current fiscal (March 21- September 22).

In its International Energy Outlook 2019 (IEO2019). the U.S. Energy Information Administration projects that world energy consumption will grow by nearly 50% between 2018 and 2050.

A total of 32 winners will share the funding for projects including carbon capture. utilisation and storage and steam turbine efficiency.

PwC suggests greater consumption of fossil fuels increased total emissions by 2% in 2018. marking the fastest rise in emissions in seven years.

The Iranian Mines and Mining Industries Development and Renovation announced that the country exported 633.050 tons of steel in the last local calendar month which shows a 37% jump in comparison with figures from corresponding period in the last year.

Iran has posted a more-than-$1-billion foreign trade surplus for the 1-year period ending August 20. according to the data released by the country’s Customs Administration (IRICA).

Iran’s Minister of Industry Reza Rahmani announced that his country is planning to lower the imports of machinery and equipment used in major production lines. in a bid to further indigenize manufacturing capabilities in the face of the US sanctions.