Asia’s factories cranked up production in August as global demand remained strong, confounding expectations that growth may have peaked, but worries about China’s massive debt and monetary tightening in the West are likely to keep businesses and markets on edge for months to come.
Crude steel production in Iran stood at 11.522 million tons in the seven months from March 21, indicating a growth of 14 percent compared to the figure for the same period in 2016, which was 10.1 million tons.
Iran's annual aluminum production capacity will double following the commissioning of a major project, currently being implemented in Lamerd in the southern Iranian province of Fars, to produce the light metal, said the minister of industry, mine and trade.
Production of copper concentrate in Iran increased by five percent during 2012-16, said director of mineral industries at Iranian Mines and Mining Industries Development and Renovation Organization (IMIDRO).
Iran's oil and gas condensate output increased by 600,000 barrels per day (bpd) to 4.3 mbd in February 2017, compared to the amount for the same month last year, US Energy Information Administration reported on Friday.