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Sadra Co. soon capable to build, overhaul 70,000-ton ships
2004 October 26

Iran Marine Industries Company (Sadra) will soon be capable of building and overhauling ships with a capacity of up to 70,000 tons at its Caspian Sea Complex.

According to Petroenergy Information network (PIN), deputy managing director of the company noted that due to activation of contracts for building 63,000-ton, the company started making a 100,000-ton dry pool measuring 250m by 40m by 10m during a visit by President Khatami.

Qasem Golnejad noted that the project is going through excavation phase and its structure phase is to be implemented in 16 months.

The official stated that the pool will be established at the company's Neka shipyards to receive orders for building and overhauling ships from countries belonging to Commonwealth of Independent States (CIS).

He said Sadra has build a similar pool at its shipyards in Bushehr, southern Iran, which measures 300m by 50m and is capable of overhauling ships up to a capacity of 150,000 tons.

Golnejad said the company was considering other projects including a wave break hose western and eastern wings will measure 4,000 m.

"Based on this project whose cost has been estimated at about 300 billion Rls, investment in the project will be made by Sadra and the National Iranian Oil Company," he noted.

Steel prices in Iran at least 15% below the international rate
2004 October 25

A senior steel industry official said steel prices in Iran are at least 15% below the international rate, adding that low domestic prices have discouraged the import of this product.

Abdollah Ezazi, National Iranian Steel Company's director for planning affairs told that once the comprehensive steel scheme is ratified, annual steel production will reach 25 million tons by 2021.

The official further noted that Iran-made steel is of high quality, adding that Iranian steel companies can compete with foreign producers.

Ezazi stressed that steel imports could harm domestic production.

Experts contend almost daily changes in steel import tariffs would make it impossible to attain an annual production target of 30 million tons, noting instabilities in steel import policies have discouraged investments in the sector.

Taqi Bahrami, head of the Steel Industries Association, told recently that claims about import tariffs coming down to zero as per World Trade Organization rules are baseless noting that the US has set a 30% import tariff on steel to safeguard domestic production.

"In Iran, laws are devised to weaken private production," he said, stressing that production costs are too high in Iran.

He said, however, that the annual production capacity of private steel factories will reach three million tons by March.

The private sector is projected to supply at least six million tons of steel annually out of Iran's 28.1 million-ton demand for the product by the end of the fourth plan in 2010. State sector currently accounts for more than 90 percent of the domestic steel production. Iran's unprocessed steel production reached 770,000 metric tons in June 2004 from 691,000 tons in May. 

It produced 7.9 million metric tons of unprocessed steel in 2003, making it the largest producer in the region. Iran is the 21st largest steel producer in the world.  

Tehran Metals Exchange weekly trades’ value up by 55%
2004 October 17

A total of 109,640 tons of steel, copper and aluminum worth 604,501,100,000 rials was traded during the 59th working week of the Tehran Metals Exchange (TME).

According to the report, the total metals traded during the past week experienced a 45% increase in terms of weight and 55% growth in terms of value. 

Also, 99,820 tons of different kinds of steel products worth 402,987,600,000 rials were traded in the past week. The figure accounted for 91 and 67% of the total market of the commodity in terms of weight and value respectively, the report also noted. 

Regarding the aluminum products, 7,220 tons of aluminum was traded during the week. The figure ranked 6.6% and 20% of the total market for the commodity in terms of weight and value respectively. 

In addition, some 2,600 tons of copper products worth 79,279,900,000 rials were traded during the week. The share of the deals on the metal was 2.4 and 13% of the total market of the commodity in terms of weight and value respectively. 

Meanwhile, despite 40 tons supply and 320 tons demand for zinc, no deal on the metal was made during the week, the report further explained.

Iran Metal Industries to make quake-resistant sheds for probable jolts in Tehran
2004 October 16

Jolt resistant sheds will be produced by Iran Metal Industries Co. to be used in relief operations in a 
possible future earthquake in Tehran, news reports said.

“The possible future quake in Tehran should be thought of in advance,” said Hossein Fardmanesh, managing director of the company adding that, the officials should be prepared for the possible earthquake in Tehran; they should be able to help the injured and quake–stricken people.

He noted that the total number of the sheds ordered by the Tehran Municipality would be 120. The company’s director also explained that in the near future, quake–resistant sheds would be also built for other cities in the country.

It is said that the need for such sheds were greatly felt during the Bam earthquake.

Iran produces steel sheets for maritime use
2004 October 7

  Iran’s Mobarakeh Steel Company has achieved the technology to produce an annual volume of 6,000 tons of steel sheets for maritime use for the first time in the country, said the company’s director of metallurgy and production methods. 

The produced steel is used for offshore industries, oil and gas industries, and container manufacturing. 

The steel sheets have so far imported from Russia, Ukraine, and Kazakhstan, Hossein Bahman added citing that the oiled sheets are crucially needed for the development of Iranian maritime industries to achieve a capacity of 300,000 tons, the replacement of wooden vessels, and removing 400 vessels with the age of 20 years. 

The company has been granted an international standard for the production of the sheets by a German inspection company ‘DNV’, he concluded. 

In the meantime, the managing director of the company, Mahmoud Eslamian, said that his company has produced 2.7 mln tons of steel by the end of the first half of the current year (ending March 20, 2004). The figure which is one percent more than what predicted in the plans, comprised 43.3% of the total steel production in the country.

Steel bar production project comes on stream
2004 October 2

  A project aimed at producing 550,000 tons steel bar by Iran National Steel Industrial Group has become ready for operation.

Official in charge of foreign relations of the group told Petroenergy Information Network that the project has been made operational in Ahvaz and, at present, the rotary kiln of the plant has started test production at the capacity of 110 tons per hour.

Hossein Alikhani noted that the steel bar unit is located 5.5 m above the ground and more than 6,000 tons equipment and instrument has been used in it through a total investment of 57 million dollars and 230 billion rials.

“Due to the unit’s geographical situation and its proximity to Persian Gulf more than half of its products can be exported,” he said.

The official stated that the project’s feed is ingot that will be supplied from domestic resources of the group before the project is fully operational in June 2005.

“The project will create 323 direct jobs for technicians and specialists as well as 1,500 indirect jobs for contractors,” he noted.

Iran National Steel Industrial Group is the country’s first steel bar unit that was launched in 1967 and at present comprises five plants.

Iranian, Saudi steel companies sign cooperation agreement
2004 September 29

Iran's Isfahan Steel Mill (ISM) and Saudi's Hadeed Company signed a memorandum of understanding (MOU) in this central provincial capital city, the Public Relations Department of ISM announced on Tuesday.

The agreement signed by the managing directors of the two companies, sets the framework for bolstering of educational cooperation, exchange of technical knowledge and research information.

The managing director of Hadeed said that Isfahan Steel Mill has huge abilities and valued experiences and Al-Hadid is interest with expansion of its cooperation with ISM.

Saleh Al-Jaber announced that by cooperation with an Italian company, the annual steel production of Saudi Arabia will increase by 5.5 to 6 million tons in near future from the current five million tons.

He added that Isfahan is an industrial area with high capacities for steel production.

On his part, the managing director of Isfahan Steel Mill Masoud Ebka referred to the capabilities and technical experiences of the company and expressed its readiness for exchange of information and expertise with the Saudi firm.
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