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Iran produces 30% of bolts & nuts

Business Materials 16 February 2019 14:03 (UTC +04:00)
Iran produces 30 percent of bolts and nuts of the total annual demand of the country
Iran produces 30% of bolts & nuts

Baku, Azerbaijan, Feb. 16

By Elnur Baghishov - Trend:

Iran produces 30 percent of bolts and nuts of the total annual demand of the country, said Noraldin Mehri, chairman of the association of bolts and nuts’ sellers of Iran, Trend reports via the Young Journalists Club (YJC).

He noted that Iran’s annual demand is 100,000 tons, adding that the country produces 7,000 types of bolts and nuts.

He added that about 40-45 enterprises out of 115 plants in this sphere in Iran are operating.

Therefore, 70,000 tons of bolts and nuts have to be imported, he said.

He stressed that there is shortage in the provision of raw materials, and the association faces problems at customs.

“There are about 1,000 enterprises for the sale of bolts and nuts in Tehran, and about 5,000 people are provided with work,” he noted.

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