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Iran urges deeper EAEU ties, offers trade, energy capacity
Iran called for deeper economic engagement with the Eurasian Economic Union (EAEU) on Friday and offered to leverage its trade and energy capabilities both bilaterally and within the bloc, while urging full implementation of a free trade agreement and closer financial and transport ties.
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Iran seeks greater industrial cooperation with BRICS bloc
Iran said on Thursday it was ready to expand project-based industrial cooperation with BRICS members in strategic sectors including steel, mining, petrochemicals, machinery, pharmaceuticals, medical equipment and knowledge-based industries, as the bloc's industry ministers met in Jaipur, India.
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Iran’s electricity industry transitioning to advanced models
The managing director of Iran's Power Generation, Transmission, and Distribution Management Company (Tavanir) said: The country's electricity industry is transitioning from traditional models to advanced and resilient ones in critical and sensitive conditions.
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‘Shifting export track from raw material sales to finished goods, a necessity’
The Head of the Trade Promotion Organization of Iran (TPO), during a meeting with representatives and the board of directors of the Iran Guilds Chamber, announced the formulation of a new roadmap for a leap in non-oil exports and emphasized the strategic necessity of transitioning from raw and semi-raw material exports to high-value-added finished goods.
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Iran eyes return to global top 10 steel producers by March, WSA data show
Iran is expected to return to the world's top 10 steel producers by March as reconstruction of damaged production units progresses and output gradually increases, despite slipping out of the latest World Steel Association (worldsteel) rankings, according to industry reports.
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Stability in an Era of Industrial Storms: Mobarakeh Steel’s Story of Sustained Excellence
As global steel markets grapple with unprecedented volatility and geopolitical uncertainties, Mobarakeh Steel Group’s score of 730 in the 23rd National Organizational Excellence Award represents far more than a domestic achievement. This score has drawn a new frontier in corporate governance and made the company the sole member of Iran’s “700-point club” — a position that reflects a significant gap between Mobarakeh Steel and much of the industry in terms of excellence, governance, and organizational maturity.
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TPO plans to review regulations to remove barriers to production, trade
The head of Iran's Trade Promotion Organization (TPO), while emphasizing the need for continued interaction between the government and the private sector and the improvement of business processes, announced the organization's plan to amend and review trade-related regulations, remove domestic obstacles, and strengthen trade guarantee infrastructure with private sector participation.
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Green Resurrection in the Body of Steel: How Mobarakeh Steel Recreates the Narrative of the Great Transition in Sustainable Development
Aligning with global ESG criteria, Mobarakeh Steel is transforming its operations to lead sustainable development and low-carbon manufacturing. By integrating urban wastewater recycling, expanding solar and wind energy, and benchmarking global leaders like Tata Steel in R&D, the company has reduced its environmental footprint while fostering social impact. Through hydrogen reduction, circular economy processes, and digital transformation, Mobarakeh Steel demonstrates that industrial growth can coexist with ecological responsibility and global competitiveness.
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Green Brand: Mobarakeh Steel’s Winning Card in the World
Shifting from 20th-century mass production models, Mobarakeh Steel embraces green wisdom and ecological sustainability as a strategic core in the Middle East. Producing 10.29 million tons annually and surpassing European competitors, the company utilizes the DRI-EAF route to significantly lower CO2 intensity to 1.66 tons per ton of steel. Through major investments in renewable energy, circular economy processes, and ISO-certified transparency, Mobarakeh Steel redefines steelmaking into a sustainable, future-oriented enterprise.
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NDF allocates $2b in foreign currency to boost border region trade
The head of the National Development Fund(NDF), pointing to the government's strategic outlook on border areas, announced the allocation of $2 billion in foreign currency resources to support foreign trade in these regions.
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Iran Revives 1,200 Inactive Mines to Attract Private Investment
The spokesperson of the Ministry of Industry, Mining and Trade announced the reactivation of 1,200 inactive mines in the country and said: By delegating part of the headquarters' authorities to the provinces, shortening administrative processes, and offering investment packages, the ground has been prepared for a broader presence of the private sector in the mining sector.
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Iran could become sixth-largest steel producer with policy reforms, industry chief says
Iran has the potential to become the world's sixth-largest steel producer if policy reforms are implemented, the head of the Iranian Steel Producers Association said, citing the country's untapped production capacity despite energy shortages and recent war-related damage.
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Pezeshkian: Diplomatic apparatus will never compromise on the nation's rights
Iranian President Masoud Pezeshkian said on Tuesday that Tehran will not compromise on the nation's rights in ongoing diplomatic efforts.
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Iran celebrates national industry, mining day with vows of unity, resilience
The ceremony for the National Day of Industry and Mining was held on the morning of Tuesday, July 21, 2026, at the IRIB Conference Center, attended by President Masoud Pezeshkian, the minister of industry, mining and trade, and a group of industrialists, enterprises, entrepreneurs, and representatives of industrial associations.
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From Crisis to Transformation: How Mobarakeh Steel Built a New Model of Industrial Resilience and Technological Sovereignty
Mobarakeh Steel Complex has successfully navigated a period of "liminality" caused by global crises and sanctions, transforming from a technology consumer into a self-reliant creator of high-tech industrial solutions. Through strategic localization, deep reliance on human capital, and synergy with knowledge-based companies, the organization elevated its technological baseline and established industrial sovereignty. Today, Mobarakeh Steel stands as a global model of active resilience and knowledge-driven authority, ready to engage in equal international partnerships.
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The Alchemy of Awareness in the Furnaces of Mobarakeh Steel
Mobarakeh Steel Complex redefines industry by transcending basic output metrics and treating steel as a product of collective awareness and intuition. Beyond a manufacturing facility, the complex functions as a living university where human experience, continuous learning, and resilience shape both material and national identity. In the face of economic challenges and sanctions, it demonstrates how human knowledge and spirit can triumph over matter, serving as an educational legacy for future generations.
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official: Developing trade with Africa depends on market understanding
The Director General of Africa Desk at the Ministry of Foreign Affairs emphasized the development of trade diplomacy between Iran and Africa and stated: "Cooperation priorities are determined based on indicators such as economic capacities, mutual needs, the level of political relations, the potential for developing trade and investment cooperation, and the readiness of the other party to expand relations."
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Renewable power plant capacity exceeds 5,400MW
An official, announcing that the country's renewable power plant capacity has surpassed 5,400 MW, stated: If equipment, foreign currency, and financial resources are provided, the target of exceeding 7,000 MW by the end of summer will be achieved.
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Iran’s Mining Chain Reaches $14 Billion in Exports; National Exploration Transformation Plan/ Launching
Iran’s mining and mineral industries supply chain generates approximately $14 billion in annual exports, underscoring the sector’s growing contribution to the national economy, while the government has launched a National Exploration Transformation Plan aimed at attracting new investment and expanding mineral discoveries, a senior official at the Ministry of Industry, Mine and Trade announced.
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Development of hybrid, electric vehicles, government's new strategy for energy management
The development of hybrid, dual-fuel, and electric vehicles is the government's new approach to managing fuel and energy consumption, which not only leads to consumption reforms in the gasoline sector but also brings about a fundamental transformation in the production structure of the automotive industry and a technological change in this field.
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Synergy among bodies necessary to implement FTA with EAEU: TPO head
The Head of the Iran Trade Promotion Organization (TPO) while emphasizing the need for synergy among executive bodies in the effective implementation of the Iran-Eurasian Economic Union (EAEU) Free Trade Agreement, described this agreement as a joint project among all institutions related to trade.
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Study examines four ancient metal smelting sites in central Iran
A new research project has examined four ancient metal smelting sites in Yazd province, central Iran, shedding light on early metallurgical practices and identifying the types of metals extracted and processed at the locations, researchers said.
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Gov’t plans national quantum labs under infrastructure expansion push
The vice president for science, technology and the knowledge-based economy announced prioritization of the expansion of infrastructure for quantum technologies as well as plans to establish national and reference laboratories as part of the effort.
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Technology promotion, focus of industrial units reconstruction
The Minister of Industry, Mining and Trade said: The Ministry of Industry, Mining and Trade, simultaneously with the reconstruction of industrial units, pursues modernization and technology promotion based on state-of-the-art knowledge and the training of specialized managers.
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Mining in thought of Martyr Leader; from capacity, advantages of mining to replacing oil
The head of the board of directors of the Iranian Mines and Mining Industries Development and Renovation Organization (IMIDRO), stating that one of the most important axes of the Martyr Leader's economic thought is dedicated to the position of mining in the resistance economy, wrote: Perhaps the most prominent part of his views is his repeated emphasis on replacing oil with mining. In his view, the country's mines, possessing rare and valuable reserves, are one of the best options for achieving this goal. Of course, this substitution will only be possible if the value chain is developed.
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Martyr Leader’s economic thoughts in housing sector
The head of the Think Tank of Intelligent Governance, referring to the importance of revisiting the economic thoughts of the Martyr Leader of the Revolution, said: Housing is one of the topics to which the Martyr Leader always paid special attention.
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Mobarakeh rebuilding roof of steelmaking unit damaged in attacks
Iran’s Mobarakeh Steel Company is rebuilding the roof of its damaged steelmaking unit as part of efforts to restore production after parts of the facility were destroyed during the 40-day US-Israeli war that began on February 28, its officials said.
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Replacement of oil revenues with mining resources should be pursued: minister
Minister of Industry, Mining, and Trade Seyyed Mohammad Atabak stated that the ministry's outlook is "smart value creation," focusing on securing and modernizing machinery, transforming underground wealth into national economic power, and replacing oil revenues with mining revenues, Mehr News Agency reported.
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Post-war economy requires stability, structural surgery, rebuilding investors trust: ICCIMA member
A member of the Iran Chamber of Commerce, Industries, Mines, and Agriculture (ICCIMA), stating that the most important priority of Iran's economy in the post-war era is increasing stability and predictability in the economic environment, said that this can pave the way for the return of investment, the boom in production, and the development of exports.
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Stability in an Era of Industrial Storms:
Mobarakeh Steel’s Story of Sustained Excellence
As global steel markets grapple with unprecedented volatility and geopolitical uncertainties, Mobarakeh Steel Group’s score of 730 in the 23rd National Organizational Excellence Award represents far more than a domestic achievement.