Cement Prices to Increase
Economy, Business And Markets

Cement Prices to Increase

Cement prices are expected to rise by about 15% in late June, says chairman of the board of directors at Cement Industry Employers Association. According to Mohammad Atabak, the hike in prices is meant to compensate the rising production costs, IRNA reported.
Iranian cement producers have been hit in recent years with a myriad of adverse factors, including an ongoing recession in the domestic construction sector and the loss of their primary export destination, Iraq, as a result of the western neighbor’s high import tariffs on Iranian cement.
About 15 million tons of cement and clinker–the main material used in cement production–were exported in the last Iranian year (March 2015-16), with Iraq accounting for close to 65% of this figure. Iran is the biggest producer of cement in the Middle East and the fourth largest in the world.

Short URL : http://goo.gl/JJPujf
  1. http://goo.gl/u6IBNk
  • http://goo.gl/FPNGNM
  • http://goo.gl/MOR7ry
  • http://goo.gl/6a4F1w
  • http://goo.gl/amFhTZ

You can also read ...

FATF Continues Suspension of Countermeasures Against Iran
The Financial Action Task Force has recognized measures taken...
Valiollah Seif
Governor of the Central Bank of Iran said on Wednesday anti-...
Nat’l Virtual Currency in the Offing
Months after the idea was first publicized, it seems that Iran...
5th Indian Wheat Cargo Arrives for Afghanistan in Chabahar
India’s fifth consignment of wheat to be sent to Afghanistan...
Spanish Foreign Minister Alfonso Dastis met with President Hassan Rouhani on Feb, 21.
Foreign ministers of the Netherlands and Spain are in Tehran...
Presale Crosses  96,000 Gold Coins
The presale of Bahar Azadi gold coins priced at 14 million...
The government has required car importers to pay the higher tariffs announced in January.
The government has finally allowed the clearance of imported...
Lexus’ New Crossover to Break Cover  in March
Lexus will pull the covers off of the production version of...