Displaying items by tag: Ministry of Industries, Mining and Trade

Iran: Cement production fell by 0.9% year-on-year to 43Mt in the first nine months of the local financial year. Data from the Ministry of Industries, Mining and Trade showed that cement production in the November to December 2017 period fell by 8.8% to 4.29Mt, according to the Trend News Agency. The decline has been blamed on a recession in the construction industry, poor supplies of natural gas to industrial users and a drop in exports due to falling global oil prices. The country produced 54.1Mt of cement in the 2017 financial year that ended in March 2017, a fall of 6.6% from the preceding year.