Domestic Economy

13% Decline in Aluminum Ingot Output

13% Decline in Aluminum Ingot Output13% Decline in Aluminum Ingot Output

Iranian aluminum producers had an aggregate output of 246,666 tons of aluminum ingots during the first 11 months of the current Iranian year (March 21, 2019-Feb. 19), which indicates a 13% decrease compared with last year's corresponding period, the Iranian Mines and Mining Industries Development and Renovation Organization's latest report shows.
Flagship producer Iran Aluminum Company (IRALCO) accounted for 161,587 tons of the total output, posting a 2% growth year-on-year.
Following were Hormozal Aluminum Company with 39,312 tons, down 48% YOY; Almahdi Aluminum Company with 37,635 tons, down 26% YOY; and Iran Alumina Company with 8,132 tons.


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