EghtesadOnline: A total of 667,000 checks worth 104 trillion rials ($779 million) bounced during the calendar month to December 21, the Central Bank of Iran reported.
EghtesadOnline: Iran's biggest steelmaker Mobarakeh Steel Company plans to establish a second hot rolling mill, which is expected to render the country self-sufficient in steel sheet production.
EghtesadOnline: Banks customers had 23,725.6 trillion rials ($182.5 billion) in deposits with banks and credit institutions by the end of the seventh month of the current fiscal year (October 22), according to the Central Bank of Iran.
EghtesadOnline: Deluge in the past few days in southern and southeastern Iran has inflicted damages on cities, villages and roads and endangered lives. But at the same time it has helped fill dams that saw little water in years.
EghtesadOnline: A total of 20.78 million tons of direct reduced iron were produced in Iran during the first nine months of the current Iranian year (March 21-Dec. 21, 2019), 9% more compared with last year's corresponding period, according to the Iranian Steel Producers Association's latest report.
EghtesadOnline: The number of passengers using road-based public transport services has increased to 100 million in the nine Iranian months ending Dec. 21 from 92 million during last year’s corresponding period, says an official with Iran Road Maintenance and Transportation Organization.
EghtesadOnline: Esfahan Steel Company (ESCO) exported more than 877,000 tons of steel products during the first nine months of the current Iranian year (March 21-Dec. 21) to register a 30% rise compared with last year’s corresponding period, says managing director of the company, Mansour Yazdizadeh.
EghtesadOnline: Annual petrochemical revenues are expected to reach $25 billion in 2021.
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: More than 800,000 tons of commodities have been exported to Central Asian countries via railroad from Sarakhs Border Terminal in the northeastern Khorasan Razavi Province since the beginning of the current Iranian year (March 21), registering a 58% surge compared with the corresponding period of last year.