Wednesday, 27 October 2021 01:15 GMT

10,500 major cement consumers registered at Iran Mercantile Exchange

(MENAFN)According to the director-general of the Industry, Mining and Trade Ministry’s Mineral Industries Office, Iran manufactured 4.5 million tons of cement in the last Iranian month.

Seifollah Amiri further declared in a meeting with the Industry Minister Reza Fatemi Amin for exploring issues related to market regulation and promoting exports that there is no problem in the manufacturing and supply of cement in the country.

Amiri also stated that “Ten regional groups have been formed for assessing and managing the cement market and we have had various meetings with consumers, producers and the operators of Ofogh system [which is a system for monitoring prices of various commodities in the domestic market].”

At Iran Mercantile Exchange (IME), 10,500 major cement consumers registered to buy this product, saying that “This figure used to be 5,000 consumers, and if commodity exchange brokerages are more active in this area the figure will increase even more.”

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