Tehran Stock Exchange-listed mining firms sold products worth 1.13 quadrillion rials ($3.49 billion) in the first two months of the current fiscal year (March 21-May 21), registering a 24% growth year-on-year.
According to 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 294.29 trillion rials ($908.3 million), up 37% 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.
The National Iranian Copper Industries Company came next with 124.34 trillion rials ($383.77 million), up 79% YOY.
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