Iran's Deputy Industry, Mining, and Trade Minister Saeed Zarandi announced the establishment of 10 investment holding companies in the industry and mining sectors in near future, IRIB reported recently.

Iran's steel exports in the mentioned six months fell 33 percent compared to the previous year’s same period.

In September 2020, Japan imported 27693.078 tons of ferrosilicon (>55%), an increase of 125.55% over the previous month and a decrease of 21.27% compared with the same period last year.

The 2101 ferrosilicon contract price on ZCE closed at 5982 yuan per ton on November 10.

Ferrosilicon Bidding Information in November, 2020 (11/10/2020).

Iranian steel producers exported 2.358 million tons of steel ingots and products during the first six months of the current Iranian calendar year (March 20-September 21), IRNA reported.

Iranian Mines and Mining Industries Development and Renovation Organization (IMIDRO) has been playing a significant part in the mentioned planning.

The 2101 ferrosilicon contract price on ZCE closed at 5988 yuan per ton on November 9.