Cement Produces Obliged to Sell Only via the IME

Cement factories are compelled to sell their products only via the Iran Mercantile Exchange, a deputy industries minister said.
“All [wholesale] cement trade outside the IME will henceforth be prohibited and producers must offer their products at the IME,”Asadollah Keshavarz was quoted as saying by the Securities and Exchange News Agency.
The Industries Ministry has given two weeks to cement companies to obtain trading codes to be able to trade at the IME.
In addition, all related businesses that use cement as raw material, such as concrete makers, as well as mass construction companies and sales agents, will have to observe the same deadline as they are required to purchase their cement via the IME.