Tehran Stock Exchange-listed mining companies earned 4.29 quadrillion rials ($11.84 billion) in sales during the first eight months of the current Iranian year (March 21-Nov. 21), registering a 13% year-on-year rise.
According to data released by the Iranian Mines and Mining Industries Development and Renovation Organization, Mobarakeh Steel Company registered the highest volume of sales during the period with 1.024 quadrillion rials ($2.82 billion), up 12% 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 more than 513.6 trillion rials ($1.41 billion), up 7% YOY.
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