30492
Domestic Steel Sheet Producers at Risk
Economy, Domestic Economy

Domestic Steel Sheet Producers at Risk

Cheap steel sheets imported from China, South Korea and Kazakhstan have resulted in Iranian auto manufacturers balking at domestically manufactured products, said Mohammad Azad, chairman of Tehran Iron and Steel Union. According to the official, domestic sheets cost about $330 per ton, while imported sheets are priced at close to $290 per tons. Azad called on the government to support domestic producers or brace itself for more factories going out of business and greater unemployment, ILNA reported.

Short URL : http://goo.gl/hIBRFc
  1. http://goo.gl/Uu9V2h
  • http://goo.gl/htTKUQ

You can also read ...

The number of new apartments built in 12 old districts of Tehran leaped by 56% compared with the corresponding period of last year.
Top construction companies in Iran are mostly known for...
Mohammad Javad Zarif addresses a parliamentary session on Wednesday to gain the vote of confidence to serve another four years as Iran’s foreign minister.
In a parliamentary session on Wednesday to gain a vote of...
Iran’s Dairy Industry Booming, as Exports Expand
The Iranian dairy industry is beginning to expand, as dairy...
Post Company Also Spots Profit in E-Market
The state-owned Iran Post Company is looking for a slice of...
Amid Tensions With America, Businesses Flock to Iran
Right now, the US is doing the rest of the world a big favor...
A total of 26.6% of the households were without an employed member; 56.4% had one employed member; 14.2% had two employed members; and 2.8% had three or more jobholders.
The average Iranian household living in urban area spent more...
Butter Imports From 6 Countries
More than 13,900 tons of butter worth 2.13 trillion rials ($65...
Nili Appointed Presidential Economic Aide
President Hassan Rouhani has appointed Masoud Nili as his...

Trending

Googleplus