Automotive

Smuggling of automotive parts worth $1.5b

Taddol writes that the Secretary of the Automotive-Parts Manufacturers Association, Arash Mohebbinejad believes that illegal imports as well as the imbalance between automotive imports and parts imports can lead to 50% of part manufacturers shutting […]

Automotive

Businesses halt due to USD crisis

Iran newspaper writes that the foreign currency crisis has caused many businesses to halt sales. The trend began with household appliance retailers which presented the excuse that due to limitations in supplying foreign currency, they […]

Industries

The turn over of IMIDRO’s assets

The Privatization Organization of Iran recently turned over 310 trillion IRRs ($7.4 billion) of IMIDRO (Iranian Mines & Mining Industries Development & Renovation Organization) assets. The CEO of IMIDRO, Mahdi Karbasian says that by March […]

Agriculture

Week in Brief 16.03.2018

This week three ministers well called to the Parliament to answer the questions of MPs. All of them passed the test. The interpellation of the Minister of Labor and Social Welfare, Ali Rabeii and the […]

Industries

Steel prices will not increase

The price of steel will not rise until July 2018. Taadol writes of the complaints of the members of Tehran Chamber of Commerce who are downstream users of steel. In a letter to the Minister […]

Agriculture

Increase in local Caviar consumption

Ghanoon writes of the need to increase the shares of the fishing industry in the economy. The fishing industry was nationalized in 1953 by Dr. Mossadegh. In the past five years shrimp farming has increased […]

Industries

Markets in Brief 09.03.2018

Although Iran does not export steel to the US, but the Iranians steel makers’ share prices were not totally indifferent toward the recent comments of Donal Trump. Iran exports 94% of its steel production; steel […]