Iran produced 13.21 million tons of crude steel in the first nine months of the current year, showing an 8-percent rise compared to the figure for the same period of 2015, which was 12.231 million tons.
The European Central Bank (ECB) has announced that it will keep its interest rates at record lows. The ECB also reaffirmed plans to maintain its quantitative easing program at €80 billion to March 2017 or beyond if needed.
A group of Italian investors headed by one of the main shareholders of Fiat Automobiles S.p.A. Ernesto Paulio arrived in the southern Iranian city of Assaluyeh to hold talks with officials of Iranian petrochemical companies.
Iran, as the holder of the world's largest natural gas reserves, plans to sign two contracts on the development of the giant South Pars Gas Field by the end of the current fiscal year (March 20, 2017).