EghtesadOnline: Oil climbed on Monday after major producers agreed to extend a deal on record output cuts to the end of July and as China’s crude imports hit an all-time high in May.
EghtesadOnline: Iranian heavyweight steel producers exported 809,665 tons of steel products, including beam, rebar, ingot, slab, hot- and cold-rolled coils, and coated coils, during the first two months of the current Iranian year (March 20-May 20) to register a 60% decline compared with last year’s corresponding period.
EghtesadOnline: Oil rose above $30 a barrel on Monday for the first time in two months as producers in the US and elsewhere continued to cut output.
EghtesadOnline: Apparel production in Iran is thriving these days, thanks to import restrictions and the rising prices of foreign brands.
EghtesadOnline: Iran produces more than 80,000 tons of honey every year, Agricultural Ministry officials said during a ceremony held to unveil achievements in the beekeeping industry recently.
EghtesadOnline: Oil prices fell 1% on Tuesday, the last trading day of the decade, but notched the biggest annual gain in three years, supported by a thaw in the prolonged US-China trade war and ongoing supply cuts from major oil producers.
EghtesadOnline: Iranian egg producers are currently registering a monthly surplus of around 200,000 tons, according to the president of Tehran's Union of Egg-Laying Chicken Producers.