Tehran Stock Exchange-listed mining firms sold 5.54 quadrillion rials ($19.72 billion) of their products in the fiscal 2021-22 (ended March 20), registering a 71% growth year-on-year.
According to new data released by Iranian Mines and Mining Industries Development and Renovation Organization, Mobarakeh Steel Company saw the highest volume of sales during the period with 1.43 quadrillion rials ($5.09 billion), up 85% YOY.
MSC is the biggest steelmaker in Iran and the Middle East and North Africa region, accounting for about half of the country's steel production.
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