Industry

Views and reports from various sectors of Iran’s domestic resource extractors, producers and service providers

Iran Ranks First Worldwide in Sponge Iron Production

Iran Ranks First Worldwide in Sponge Iron Production

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.
Porsche Panamera Catches Fire in Tehran Highway

Porsche Panamera Catches Fire in Tehran Highway

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.

Iran, France’s Alstom Sign Deal for Building Railroad Cars

French transport company Alstom has signed a joint agreement for the construction of metro and suburban railroad cars in Iran.
Auto Show to Open in Iranian City of Shiraz

Auto Show to Open in Iranian City of Shiraz

One of the most famous car exhibitions in Iran is scheduled to open this week in the south-central city of Shiraz.
124 Iranian Planes Crippled, Waiting for Spare Parts

124 Iranian Planes Crippled, Waiting for Spare Parts

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.
laser-iran

“Iran Displays Laser Achievements in Laser World of Photonics 2017”

Iran has showcased its achievements in the field of laser technology at the Munich exhibition.
Iran’s Monthly Ice-Cream Exports Exceed 4,000 Tonnes

Iran’s Monthly Ice-Cream Exports Exceed 4,000 Tonnes

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 Allocates One Billion Euro Credit Line to Iran Steel Project

Austria says it has allocated a credit line of €1 billion for a major steel production project in southern Iran.
Adidas in Iran

Foreign Clothing Brands Given Ultimatum for Operation in 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.
France’s Peugeot, Total Looking for Stronger Presence in Iran

France’s Peugeot, Total Looking for Stronger Presence in Iran

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.

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