LME nickel price trend on November 11th

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.

The 2101 ferrosilicon contract price on ZCE closed at 6000 yuan per ton on November 11.

Of the $620 million worth of Iran’s constructional exports in the past Iranian calendar year (ended on March 19), just $1.5 million has been to Africa.

The ministry’s seven main axes of the surge in production are going to be pursued under 40 major programs.

Gharibpour called for cooperation with the Australian side in various areas including training, exploration, extraction, and new technologies, IRIB reported.

The project will soon start using a government loan from the Russian Federation.

Nickel price trend on November 11th