Industries
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Industries Ministry’s Two-Month Auto Data Show (Kicker) Vehicle Output Surges by 48%
EghtesadOnline: The output of domestic vehicles (including commercial and passenger cars) amounted to 193,437 during March 21-May 21, registering a 48% growth year-on-year.
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Output of Six Mineral Products Registers Growth
EghtesadOnline: The Ministry of Industries, Mining and Trade's review of the current Iranian year’s first six months (March 21-Sept. 22) show the output of six mineral products (out of 11 under…
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Energy Ministry Willing to Help Industries Increase Power Output
EghtesadOnline: Iran's Thermal Power Plants Holding Company, a subsidiary of the Energy Ministry, is willing to cede the ownership of state power stations to major power users, including automakers,…
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Industries Ministry Denies Electricity Shortages Caused by Illegal Cryptominers
EghtesadOnline: An official at the Ministry of Industries, Mining and Trade denied “exaggerated” claims by the Iran Power Generation, Distribution and Transmission Company (Tavanir) about the…
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TCCIM Official Elaborates on Shortage of IV Fluid Bags
EghtesadOnline: The shortage in intravenous therapy (IV) fluid bags in Iran is due to five main reasons, according to the head of Tehran Chamber of Commerce, Industries, Mines and Agriculture’s…
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Industries Keen on Generating Their Own Electricity
EghtesadOnline: Big power users, including automakers, steel complexes and cement factories who say load shedding will sound the death knell of their industry, want the government to pass regulations…
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SEO, Industries Ministry Sign Crowdfunding MoU
EghtesadOnline: The Securities and Exchange Organization and Industries Ministry signed a memorandum of understanding on Wednesday to inject “small funds” into business finance.
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30 Cryptomining Units Have License
EghtesadOnline: The Ministry of Industries, Mining and Trade has issued license for 30 cryptomining units, according to the figures published on ministry website.
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New Free Trade Zones: A Conditional Opportunity
EghtesadOnline: The Expediency Council, a powerful body that resolves disputes between the parliament and Guardians Council, approved the establishment of seven free trade zones and 13 special…
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ICCIMA Official: Cordial Ties to Neighbors Key to Restoring Lost Oil Market Share
EghtesadOnline: The era of high demand for oil and petroleum products will not be as before, most experts and analysts say. Nonetheless, Iran still has the opportunity to restore its lost market…
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Power Tariffs Jump 4 Times for Industries
EghtesadOnline: The Majlis passed a bill last week based on which electricity tariffs for energy-intensive industries, namely cement factories, refineries and petrochemical and steel companies…
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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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Porcelain Dish Output Exceeds 44K Tons
EghtesadOnline: Atotal of 44,300 tons of porcelain dishes were produced in Iran during the first 10 months of the current Iranian year (March 20, 2020-Jan. 19), registering a 10.6% decline compared…
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Industries Ministry's Review Shows Growth in 27 Products
EghtesadOnline: The Ministry of Industries, Mining and Trade's review of the first 10 months of the current Iranian year (March 20, 2020-Jan. 19) shows 27 industrial products (out of 40 under…
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Upstream Steel Output Registers Growth in Ten Months
EghtesadOnline: The upstream steel industry registered growth in the production of iron ore concentrate, pellet and direct reduced iron during the first 10 months of the current fiscal year (March…
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Double-Digit Rise in Domestic Production of Home Appliances
EghtesadOnline: The domestic production of three types of home appliances in the first 10 months of the current Iranian year (March 20, 2020-Jan. 19) have increased while that of another declined,…
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Industrial PMI About to Cross Over Threshold
EghtesadOnline: The Purchasing Managers’ Index for industries during the 10th month of the current fiscal year (Dec. 21, 2020-Jan. 19) settled at 49.79 from 49.30 in the preceding month (Nov.…
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TCCIM Organizes Webinar, Four Business Courses
EghtesadOnline: The Education and Human Resources Institute, affiliated with the Tehran Chamber of Commerce, Industries, Mines and Agriculture, is scheduled to hold a webinar on investment and…
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97,000 New Jobs in Industrial Sector Over Nine Months
EghtesadOnline: The number of jobs created by industries in the nine months to Dec. 20, 2020, increased by 29% compared with the corresponding period of the previous year, a deputy minister of…
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MSC Remains Leading Producer
EghtesadOnline: Latest data released by the Iranian Mines and Mining Industries Development and Renovation Organization shows Mobarakeh Steel Company remains Iran’s biggest steelmaker.
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Industries Ministry: Cryptomining Capacity Near $1.4b
EghtesadOnline: With estimated cryptomining capacity at $1.4 billion, Iran is among the top in the world, a senior Industries Ministry official said.
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50% Rise in Business Permits
EghtesadOnline: Atotal of 440,156 permits were issued for starting businesses over the first nine months of the current Iranian year (March 20-Dec. 20, 2020), registering a 50% rise compared…
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New Chief for ISIPO
EghtesadOnline: Minister of Industries, Mining and Trade Alireza Razm-Hosseini has appointed Ali Rasoulian as the new head of the board of directors of Iran’s Small Industries and Industrial…
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Conference, Expo on Non-Ferrous Industries, Market Underway
EghtesadOnline: The third edition of Iran Non-Ferrous Industries, Market and Related Technologies Conference and Expo was hosted by Donya-e-Eqtesad Media Group, the Financial Tribune's parent…
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NICICO Q1-3 Sales Rise by 93% to Hit All-Time High of $1 Billion
EghtesadOnline: The National Iranian Copper Industries Company's sales reached a record high of 279.72 trillion rials ($1 billion) in the first three quarters of the current Iranian year (March…
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Exporters Decry Lack of CBI Receptivity
EghtesadOnline: The Central Bank of Iran's underperformance in notifying clear export repatriation rules and lack of a comprehensive data platform to track export repatriation commitments are…
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Next Fiscal Year’s Budget Deficit Could Widen Fivefold
EghtesadOnline: The government’s budget deficit (the excess of spending over revenue) is estimated to reach 3,190 trillion rials ($12.26 billion) as per the budget bill of next fiscal year (March…
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PMI for Industries Drops Below Threshold
EghtesadOnline: The Purchasing Managers’ Index for industries in the eighth month of the current fiscal year (Oct. 22-Nov. 20), settled at 47.63 from 52.22 in the preceding month (Sept. 22-Oct.…
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PMI for Industries Drops Below Threshold
EghtesadOnline: The Purchasing Managers’ Index for industries in the eighth month of the current fiscal year (Oct. 22-Nov. 20), settled at 47.63 from 52.22 in the preceding month (Sept. 22-Oct.…
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New IMIDRO Chief Appointed
EghtesadOnline: Minister of Industries, Mining and Trade Alireza Razm-Hosseini appointed Vajihollah Jafari to replace Khodadad Gharibpour as the chairman of Iranian Mines and Mining Industries…