EghtesadOnline: Iran’s auto part production sector is having a hard time procuring the raw material and key parts from foreign sources due to the restrictive US sanctions, an industry insider said.
EghtesadOnline: There is no problem in the production and allocation of urea fertilizer quotas, director of Iran's Association of Petrochemical Industry Corporation said.
EghtesadOnline: The three priorities of the gas industry is people’s welfare, injection into oil wells to increase efficiency, and use in industries. Export of gas is down the line in fourth place, a spokesman of the Iranian Oil, Gas and Petrochemical Products Exporters' Union said.
EghtesadOnline: The National Iranian Copper Industries Company and its subsidiaries, including Sungun Complex, Miduk Complex and Sarcheshmeh Copper Complex, produced an aggregate of 310,076 tons of copper concentrate during the first three months of the current Iranian year (March 20-June 20) to register a 3% growth compared with last year’s similar period.
EghtesadOnline: Iran has been reducing the export of iron ore in the past few years in line with plans to curb the export of unprocessed minerals and encourage the mining industry to create added value, Deputy Minister of Industries, Mining and Trade Dariush Esmaeili said.
EghtesadOnline: Iran’s exhibition industry has sustained losses worth 3.1 trillion rials ($15.72 million) due to the outbreak of coronavirus, as well as cancellation or postponement of trade shows, Managing Director of Iran International Exhibitions Company Bahman Hosseinzadeh said.
EghtesadOnline: The Central Insurance company of Iran in charge of regulating the industry, has released a report on the performance of the key sector in the previous fiscal year (March 2019-2020) saying insurers reported 35.7% growth in their premium income compared to the year before.
EghtesadOnline: The Central Bank of Iran, along with several local banks and government, is set to roll out an aid package worth $2 billion to boost the country’s automotive industry, secretary of Iran Auto Parts Manufacturers Association said.
EghtesadOnline: Ninety-five percent of food demand in Iran are met by domestic production, a board member of the House of Industry, Mine and Trade of Iran said.
EghtesadOnline: Hossein Shirzad ,who is also the CEO of the Central Organization for Rural Cooperatives of Iran (CORC ) said digital marketing through the applications is going his way on the crop market globally.