The CEO of a leading Iranian steel production company says Iran is the world’s leading producer of direct-reduced iron (DRI), also called sponge iron.
A Porsche vehicle has caught fire along a highway in the Iranian capital, Tehran. The fire has reportedly flared up in the engine and spread through the console wiring.
French transport company Alstom has signed a joint agreement for the construction of metro and suburban railroad cars in Iran.
One of the most famous car exhibitions in Iran is scheduled to open this week in the south-central city of Shiraz.
A recent media report says about one and a half years after the implementation of the Iran nuclear deal, at least 124 out of 298 planes in the Islamic Republic’s air fleet remain grounded due to the government’s failure to import spare parts from Europe.
Iran has showcased its achievements in the field of laser technology at the Munich exhibition.
Iran has exported nearly 4,140 tonnes of ice-cream during the first month of the current fiscal year (March 21-April 20), according to data released by the Islamic Republic of Iran Customs Administration.
Austria says it has allocated a credit line of €1 billion for a major steel production project in southern Iran.
An official at the Iranian Ministry of Industry, Mine and Trade says an ultimatum has been given to the foreign clothing brands operating in Iran to increase their production in the country and boost exports of their products from the Islamic Republic.
With the world having learnt who will steer Iran’s government in the next four years, a large number of foreign firms have once again lined up to enter the county’s 80-million-strong market, with the French car producer Peugeot and oil giant Total standing at the forefront of the queue as usual.