BAKU, Azerbaijan, Feb. 8
By Elnur Baghishov – Trend:
The sales of Iranian mining companies increased by 128 percent during the first 10 months of the current Iranian year (March 20, 2020 through January 20, 2021), compared to the same period last Iranian year, Trend reports citing Iranian Mines and Mining Industries Development and Renovation Organization (IMIDRO).
According to the report, the sale of 74 mining companies at the Iranian Stock Exchange amounted to 2.4 quadrillion rials (about $57.1 billion).
While in the 10th month of the current Iranian (December 21, 2020 through January 20, 2021), sales of Iranian mining companies increased by 129 percent compared to the same month last Iranian year, the report said.
“The sales of Iranian mining companies at the Iranian Stock Exchange amounted to 340 trillion rials (about $8 billion) in the 10th month. This accounted for 37 percent of total sales at the stock exchange,” the report said.
According to the report, the main products sold by Iranian mining companies are raw steel and steel products, copper, lead and zinc, aluminum, ferrosilicon, manganese and cement.