The Iran Mercantile Exchange announced that more than 9.8 million tons of commodities, valued at over $2.4 billion, were traded in its domestic trading and export halls during the month to September 22.
Figures by the Iranian Ministry of Industry, Mine and Trade (MIMT) showed the country’s manufacturing sector expanded by 5.1% in the five calendar months to August 22 compared with the same period last year.
European Union countries were at odds on Wednesday over whether to cap gas prices in the bloc, with France, Belgium and 13 other states stepping up their call for the move opposed by Germany and others.
The Bank of England moved Wednesday to halt a slide in British government bonds that posed a “material risk to U.K. financial stability” after political leaders’ plans to slash taxes and increase borrowing spooked investors and sent the pound tumbling.
Iran’s wheat purchases from local farmers rose 55.2% from the prior year’s total procurement, boosting stocks at government granaries at a time of surging prices that have sent flour costs sharply higher.
Iranian steelmakers churned out 19.5 million tons of crude steel in the first eight months of 2022, marking a 7.8 percent growth compared to the corresponding figure for 2021, according to figures released by the World Steel Association (WSA).