Iran was the second-largest global producer in 2020 of sponge iron, a pre-reduced ferrous material used to make steel, according to latest figures by the World Steel Association (WSA).
Iran second-largest global producer of sponge iron in 2020: Report
Iran plans to sign a memorandum of understanding for the construction of 13 power plants across the country, announced Deputy Energy Minister Saeid Zarandi.
Iran plans to construct 13 power plants in next three years
Deputy Head of Iran Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA) Mohammadreza Karbasi hold a meeting with Hungarian Commercial Attaché in Tehran Joltt Yombolay on Monday to discuss ways of expanding trade ties between the two countries.
Iran, Hungary explore avenues to boost trade ties
Managing Director of Iranian Offshore Oil Company (IOOC) Alireza Salmanzadeh announced that the drilling and repairing of oil wells have started at Forouzan joint oilfield to increase oil extraction.
Iran kicks off drilling operation in Forouzan joint oilfield
Trading volumes at major cryptocurrency exchanges fell by more than 40 percent in June, research showed on Monday, with a regulatory crackdown in China and lower volatility among the factors depressing activity.
Cryptocurrency trading volumes slump over 40% in June, data shows
Iranian Ambassador to Brazil Hossein Qaribi and Speaker of Lower House of National Congress of Brazil Parliament Arthur Lira in a meeting in Brasilia underlined the need to develop bilateral relations in economic and trade fields.
Tehran, Brasilia vow to broaden trade cooperation
Iranian President Hassan Rouhani inaugurated the National Housing units as well as some of the units under the Mehr Housing initiative in an online ceremony on Monday.
President Rouhani inaugurates housing projects
Iran's power industry spokesman said Iran is now importing electricity from Turkmenistan, Azerbaijan and Armenia but ceased exports except for 50MW to Afghanistan.
Official: Iran importing electricity from three neighbors
Armenian Ambassador to Tehran Artashes Toumanian said on Sunday that economic relations between Armenia and Iran have a long record and the expansion of bilateral ties must be on the agenda.
Armenia-Iran economic ties long-lasting: Envoy
Eurasia Expo 2021 attended by tens of business companies from Armenia, Belarus, Kazakhstan, Kyrgyzstan and Russia which is underway in Tehran bespeaks of new hope for Iran’s formal membership in the Eurasian Economic Union (EAEU) and an economic surge in the Eurasia region.
Iran’s economic surge outlook in Eurasia

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