Energy Economy

This forecast comes after ‘a rather disappointing year’ for green industry job growth, which saw an increase of just 1.5%, according to a new report.

A new report from Carbon Tracker says new investments in coal power must end immediately to minimise the risk of stranded assets.

Iran has produced some 18.5 million tons of steel ingot over the past 11 months of the current Iranian year (will end on March 20).

The biggest and oldest carmaker of Iran unveiled its latest achievement in the automobile industry, first home-made six-speed transmission, in a bid to start a new era of mass producing comfortable and efficient cars.

224,331 tons of copper cathode was produced in 11 months of the current Iranian calendar year (from March 21, 2019 to Feb. 19, 2020), showing an unchanged volume as compared to the last year’s corresponding period.

A new report shows that Iran’s exports of steel skyrocketed by nearly 68 percent in the single month ending February 19, while 11-month records show that the outbound trade of the commodity rose by 28 percent in comparison with the corresponding period in last year. A new report said on …

The Central Bank of Iran (CBI) announced that it will be extending the grace period for the repayment of loans for 3 months to the businesses affected by the coronavirus epidemic.

Iran is expecting significant surge in its aluminum production, as national prospective plans are directing towards an increase by more than 60 percent in the upcoming local calendar year (March 21, 2020-March 20, 2021).

Iranian Vice-President for Economic Affairs Mohammad Nahavandian underlined the government’s measures to deal with emergencies and economic consequences of coronavirus epidemic.

Governor of the Central Bank of Iran Abdolnasser Hemmati said that the country has had a growth in the economic field in the last 3 months of 2019.