Output of Nine Industrial Products Increases
The Ministry of Industries, Mining and Trade's review of the first two months of the current Iranian year (March 20-May 20) shows the output of nine industrial products (out of 22) saw growth during the period compared with the corresponding period of the year before.
A total of 118,000 washing machines were produced during the two months, up by 144% compared with last year’s corresponding period.
Acrylic fiber production stood at 1,300 tons to register a year-on-year increase of around 95.1%.
Production of television sets rose by 49.9% to 109,200 vehicles.
A total of 140,200 cubic meters of particle boards were produced during the period under review, indicating a 30% YOY rise.
Production of auto tires totaled 39,700, up by 26.6% YOY.
More than 81,400 tons of mineral oil were produced in two months, indicating a 15% growth YOY.
Petrochemical production rose by 5.6% YOY to 10.11 million tons, followed by pickup trucks that increased by 5.5% to reach 8,400 vehicles.
Production of detergent powder reached 91,000 tons, up by 0.7% YOY.
source: Financial Tribune
Top News
Six last month
Iran Alloy Steel Company intends to purchase 12 tons of ferrotungsten through public tender
Iran Alloy Steel Company intends to purchase 150 tons of Low-Carbon Ferro Manganese through public tender
Gold price faces worst week since 2021 as Fed signals no rate-cut rush
Iron ore price flirts with key $100/t level on firm demand, China stimulus hopes
Gold loses some luster after Trump’s decisive win
Hedge funds slash bullish wagers on gold over Trump election win
Resolute Mining says it will pay Mali $160 million in tax dispute
Families gather at South African mine shaft where hundreds are feared stuck underground
Russia takes aim at US nuclear power by throttling uranium
Earth AI, Legacy Minerals make first greenfield palladium discovery using artificial intelligence
Mexico’s proposed higher mining royalties could block nearly $7bn in investments
Sierra Leone woos miners to clean energy with $11 billion plan
Alrosa plans production cuts and staff reduction for 2025
Chile’s rare salt flat fish face threat from lithium mining project
Endeavour Silver raises $73m for Pitarrilla project
BHP to spend up to $14 billion on Chilean copper expansion
Chile’s rare salt flat fish faces threat from lithium mining project
British Columbia creates new mining ministry to tackle critical minerals amid doubts over capacity
China’s germanium, gallium ban could cost the US $3.4 billion
Iran Alloy Steel Company intends to purchase 12 tons of ferrotungsten through public tender
Iran Alloy Steel Company intends to purchase 150 tons of Low-Carbon Ferro Manganese through public tender
Earth AI, Legacy Minerals make first greenfield palladium discovery using artificial intelligence
Mexico’s proposed higher mining royalties could block nearly $7bn in investments
Sierra Leone woos miners to clean energy with $11 billion plan
Alrosa plans production cuts and staff reduction for 2025
Chile’s rare salt flat fish face threat from lithium mining project
Endeavour Silver raises $73m for Pitarrilla project
Chile’s rare salt flat fish faces threat from lithium mining project