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EghtesadOnline: Minister of Industries, Mining and Trade Mohammad Reza Nematzadeh said Iran exported 11.5 million tons of cement during the 11 months to Feb. 18.

The minister expects the figure to reach 15 million tons, production to hit 60 million and output capacity to stand at 82.5 million by the end of the current fiscal year (March 20), IRNA reported.

Iran is currently the world’s seventh largest cement producer. More than 15 million tons of cement and clinker were exported in the last Iranian year (ended March 19, 2016), with Iraq accounting for close to 65% of the figure, according to Financial Tribune.

Mohammad Reza Nematzadeh Iran cement Iran cement exports