Iran Iron Ore

Iran’s crude iron ore production capacity will be raised to 100 million tons/year from 75 million tons/year by the end of the current Iranian year (March 20, 2018), state mines and metal holding…

Exports of iron ore will be halted by the end of the next fiscal year (March 20, 2019), a deputy minister of industries, mining and trade announced.

Golgohar Mining and Industrial Company (GEG) is considering purchasing an iron ore mine in Australia, manager Nasser Taqizadeh said.

The company will either make the purchase on its own…

The Iranian iron ore sector has experienced tough times in the last few years.

“Of the 145 small and medium iron ore mines operating in the fiscal year 2013-14, only nine are still…

Major Iranian mining companies produced 2.98 million tons of iron ore concentrate during the first month of the current fiscal year (ended April 20), registering a 64% growth compared with last…

Iron ore exports from Iran are now declining, as the volume in April reached 10.46 million tons, which is down by 6% compared to the same period of Iranian. The month-on-month data also declined…

Esfahan Steel Company inaugurated its iron ore beneficiation plant last week.

According to ESCO’s deputy head, Hassan Zia, the beneficiation plant has a processing capacity of 200…

Iran’s largest steel producer, Mobarakeh Steel Company, has completed the installation of a new 5 million-ton/year iron ore pelletizing plant in Sangan, northeastern Iran.

It is also…

After a year of back and forth between government officials and industry players, no changes were made in export duties for iron ore despite previous announcements.

The government’s U-…

Iran did not change its import duty for steel and export duties for iron ore, despite previous announcements, according to the latest annual import-export regulations published by the country’s…

Economy Minister Ali Tayyebnia said Iran is set to lift government controls on iron ore pricing in the domestic market.

“There is a large gap between domestic iron ore prices and…

Iran’s iron ore concentrate production increased in the first 10 months of the current Iranian year (March 20, 2016–Jan. 19, 2017) owing to better export demand and higher domestic steel…

Limiting iron ore exports will weaken the already struggling domestic miners and cause Iran to lose its foothold in established export markets, the head of Iranian Mines and Mining Industries…

Of the 160-170 iron ore mines in Iran, only 20 are currently operational, a member of Tehran Chamber of Commerce, Industries, Mines and Agriculture said. This indicates an 80% decline in the…

Chadormalu Mining and Industrial Company’s iron ore reserves are expected to run out in a few years and the iron ore giant’s survival hinges on exploitation of new deposits. 

The Iranian government is considering whether to impose a 10% export duty on unprocessed iron ore, so as to promote the sale of value-added raw materials and steel products.

The measure…

Close to 400 million tons were added to Iran’s proven reserves of iron ore over the past one year, following the discovery of new deposits in the east of the country, said the head of Iranian…

Iran’s iron ore production currently exceeds domestic demand by about 12 million tons, said the chairman of Iron Ore Producers and Exporters Association, Qadir Qiafeh. The IROPEX forecasts that…

Iranian longs steel producer Yazd Rolling Mill is expanding iron ore processing, considering the country’s rising demand for high-quality raw materials.

In spite of the Iranian government’s policy to halt exports of raw materials, customs statistics show a sharp increase in iron ore exports in the first nine months of the Iranian year (to December…

Iran’s huge steel growth plan is not yet disrupting the seaborne iron ore pellet markets and is not expected to do so in the near term, steel and iron ore market sources say.

Iron ore concentrate production during the seven months to October 21 stood at 17.87 million tons to register a 20.9% rise compared to last year’s corresponding period, Iranian Mines and Mining…

The government plans to slap duties on unprocessed iron ore exports as of the next Iranian year (to start March 20, 2017). This is while the industry players contend that exports are their last…

Bullish sentiment in the global raw material segment favors Iranian iron ore exports.

Additional support is coming from the Iranian government’s resolve to limit the export of raw…

The Iranian Mercantile Exchange is seeing more interest among miners for iron ore export.

This was revealed by exchange sources who spoke to S&P Global Platts, London-based provider…