Production
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Iran Steel Production Reaches 52.3m Tons in Fiscal 2020-21
EghtesadOnline: Iranian steelmakers produced a total of 52.33 million tons of semi-finished and finished steel products in the last fiscal year (ended March 20, 2021).
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Petrochemical Plant Sets Production Record
EghtesadOnline: Jam Petrochemical Company in Asalouyeh, Bushehr Province set a new record in production of olefin products last Persian calendar year (March 2020-2021), producing over 1.22 million…
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Production, Investment in Chabahar See Dramatic Growth
EghtesadOnline: The value of products made in Chabahar in Iran’s southeastern province of Sistan-Baluchestan has increased 6.2-fold over the past eight years from 1,240 billion rials ($4.91 million)…
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86 Industrial Plants Register Over 100% Production Growth
EghtesadOnline: Eighty-six industrial plants increased their production by more than 100% during the 10 months to Jan. 19 compared with the corresponding period of last year, says Deputy Industries…
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Aluminum Production Grows 85%
EghtesadOnline: Iranian aluminum producers had a total output of 364,783 tons of ingots during the first 10 months of the current Iranian year (March 20-Jan. 19) to register an 85% rise compared…
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Growth in Red Meat Production
EghtesadOnline: A total of 40,400 tons of red meat were produced in Iran during the month ending Jan. 19 to register a 38% rise compared with the similar month of last year.
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Nomadic Meat Production Reaches Record High
EghtesadOnline: Nomads have produced a record high of 200,000 tons of red meat in the current Iranian year (started March 19, 2020), which account for 25% of Iran’s total red meat output, the…
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Iran Records Highest Global Growth in Steel Production
EghtesadOnline: Iran registered the highest growth in steel output among the world's top 10 steel producing countries in 2020.
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Commission Drafts Bill to Cut Production Tax by 5%
EghtesadOnline: Majlis Joint Commission, a parliamentary body responsible for reviewing the budget bill as well as the five-year economic development plans, has put forth a bill that would reduce…
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Apparel Exports at $40m in 7 Months
EghtesadOnline: A total of $40 million worth of apparel were exported from Iran during the first seven months of the current Iranian year (March 20-Oct. 21, 2020), according to the deputy head…
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Iranian Carmakers’ Double-Pronged Strategy for Boosting Production
EghtesadOnline: Iranian carmakers have implemented a double-pronged strategy to curb their reliance on foreign suppliers: expanding ties with local tech firms and academia, as well as collaborating…
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Egg Production Industry in the Doldrums
EghtesadOnline: High prices of livestock feed, low ceiling for egg prices set by the government and hefty export duties are adversely impacting egg production industry.
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Apple Output Expected to Exceed 4 Million Tons
EghtesadOnline: The production of apple in Iran is estimated to reach 4.12 million tons during the current Iranian year (March 2020-21), marking a 3% increase compared with the previous year,…
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Tissue Production Twice as Much as Domestic Demand
EghtesadOnline: Iran’s tissue production capacity is twice as much as the country’s demand and the surplus production is being exported, says the head of Tissue Producers Association, Abbas Khoshgard.
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Chicken Farmers Suffering Losses Due to Cost-Price Gap
EghtesadOnline: Chicken farmers incur losses of 90 to 100 billion rials ($360,000-$400,000) per day due to the difference in production cost and the price set by the government.
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Iran DRI Output Registers Highest Growth Over Q1-3
EghtesadOnline: Iran recorded the highest growth in the production of direct reduced iron during the first three quarters of 2020 (January-September).
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Marked Upsurge in Domestic Home Appliance Production
EghtesadOnline: Local producers manufactured 52.9% more washing machines in the seven months to Oct. 21 compared with last year’s same period: 549,600 washing machines over 355,300, figures released…
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H1 Cement Production Rises 14% YOY to Over 35m Tons
EghtesadOnline: Iran' cement production in the first six months of the current fiscal year (started March 20) reached 35.63 million tons, which shows an increase of 14.4% compared with the same…
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55% Rise in Red Meat Production
EghtesadOnline: A total of 39,600 tons of red meat were produced in Iran during the month ending Oct. 21 to register a 55% rise compared with the similar month of last year and a 1% decline against…
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52% Rise in Production of Home Appliances
EghtesadOnline: A total of 1.96 million household appliances were produced during the first half of the current Iranian year (March 20-Sept. 21) to register an increase of 52.8% over the same…
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Iran's H1 Upstream Copper Production Reviewed
EghtesadOnline: The National Iranian Copper Industries Company and its subsidiaries, including Sungun Complex, Miduk Complex and Sarcheshmeh Copper Complex, produced an aggregate of 599,624 tons…
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Aluminum Production Rises 71% Over Six Months
EghtesadOnline: Iranian aluminum producers had an aggregate output of 211,779 tons of ingots during the first half of the current Iranian year (March 20-Sept. 22) to register a 71% rise compared…
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Army Air Force Initiative to Extend Tech Support to SAIPA
EghtesadOnline: Iran Army Air Force has launched an initiative to strengthen relations with the major automaker SAIPA for sharing technologies, bolstering domestic auto production and reducing…
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Punctual Maintenance Adds to Power Output
EghtesadOnline: Production at power plants has increased by more than 2,000 megawatts in the past four years thanks to timely maintenance and repair programs, director general of the technical…
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Growth in Production of 16 Industrial Commodities
EghtesadOnline: The Ministry of Industries, Mining and Trade's review of the first five months of the current Iranian year (March 20-Aug. 21) shows the production of 16 industrial products (out…
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Rise in Hendijan Oil Field Production
EghtesadOnline: The wellhead Platform 7 of Hendijan Oil Field in the Persian Gulf was installed late on Monday, managing director of Iranian Offshore Oil Company, operator of the field, said.
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Strong Rise in Domestic Home Appliance Production
EghtesadOnline: The domestic production of three types of home appliances has increased, latest statistics released by the Ministry of Industries, Mining and Trade showed.
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Crude Oil Prices Higher Following OPEC+ Meeting
EghtesadOnline: Crude oil future prices ticked higher during the mid-morning trade in Asia Friday, as the markets continued to price in a commitment from the OPEC to ensure that the members adhere…
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Oil Gains as Storm Causes US Gulf Production Halts
EghtesadOnline: Oil prices rose on Monday as a tropical storm in the Gulf of Mexico forced companies to evacuate rigs and halt production, but gains were kept in check by wider concerns about…
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Faltering Crude Demand Puts Pressure on OPEC+ Production Agreements
EghtesadOnline: It was meant to be the week when OPEC nations gathered in Baghdad to celebrate the organization’s six decades as a dominant force in global oil markets.