EghtesadOnline: The Ministry of Industries, Mining and Trade's review of 12 mineral products during the first seven months of the current Iranian year (March 21-Oct. 22) shows nine witnessed year-on-year growth while the remaining three suffered declines.
Latest data from the ministry indicate crude steel production rose by 6.5% during the period compared with last year’s corresponding period to exceed 14 million tons, IRNA reported.
The production of finished steel saw a 6.6% year-on-year rise to 12.17 million tons.
The highest growth among the reviewed products was registered for porcelain, glassware, sanitary ware, copper cathode and glass sheet, Financial Tribune reported.
A total of 33,000 tons of porcelain were produced during the period, up by 22.3% YOY—the highest rise among the 12 products under review.
Glassware output rose 15.8% to 304,300 tons.
Sanitary ware output rose 13.5% to 63,800 tons.
Copper cathode production saw a 13% growth to 156,000 tons.
Glass sheet production hit 628,600 tons, up by 10.2% YOY,
Cement production grew 7.2% YOY to 34.07 million tons.
Tile and ceramics production witnessed a 5.7% rise YOY to 228.89 million square meters.
The production of aluminum ingots, coal concentrates and alumina powder witnessed a decline.
Aluminum ingot output decreased by 31.5% YOY to 145,000 tons, while that of coal concentrate declined by 6.7% YOY to 891,100 tons.
A total of 132,700 tons of alumina powder were produced during the period to register a 5% decrease YOY respectively.