Reliable news on Iran economy - affiliated with the Iran Chamber of Commerce

The head of Iran’s House of Mining says that a 13% growth target for the country’s mining sector under the seventh development plan is not achievable due to insufficient investment, financing hurdles, weak government support policies, and infrastructure challenges.

Iran mining body head calls for “bold decisions” to achieve sectoral growth target

The head of Iran’s House of Mining says that a 13% growth target for the country’s mining sector under the seventh development plan is not achievable due to insufficient investment, financing hurdles, weak government support policies, and infrastructure challenges.

Mine and Industry
President Masoud Pezeshkian has praised the Iranian private sector, calling chambers of commerce and economic actors “a key pillar of national development,” and pledged government support for industry and trade.

President Pezeshkian hails private sector as key to economic progress

President Masoud Pezeshkian has praised the Iranian private sector, calling chambers of commerce and economic actors “a key pillar of national development,” and pledged government support for industry and trade.

Iran Chamber
Samad Hassanzadeh, President of Iran Chamber of Commerce, Industries, Mines, and Agriculture, said on Monday that the chamber’s board of directors had met with President Masoud Pezeshkian to discuss a government support package for industrial units.

Iran Chamber of Commerce president discusses economic support package with president

Samad Hassanzadeh, President of Iran Chamber of Commerce, Industries, Mines, and Agriculture, said on Monday that the chamber’s board of directors had met with President Masoud Pezeshkian to discuss a government support package for industrial units.

Iran Economy
Iran’s steel production outpaced Brazil’s in May as the country moved up to 9th in the ranking of the world’s largest steel producers, according to figures by the World Steel Association (worldsteel).

Iran moves up to 9th in global ranking of steel producers

Iran’s steel production outpaced Brazil’s in May as the country moved up to 9th in the ranking of the world’s largest steel producers, according to figures by the World Steel Association (worldsteel).

Mine and Industry

Iran’s PMI edges into growth territory after five months of contraction

Iran Chamber of Commerce, Industries, Mines, and Agriculture (ICCIMA) has released the country’s new PMI data for the fiscal month of Ordibehesht (April 21 – May 21, 2025) showing minimal growth after prolonged slowdown.

Iran Chamber of Commerce, Industries, Mines, and Agriculture (ICCIMA) has released the country’s new PMI data for the fiscal month of Ordibehesht (April 21 – May 21, 2025) showing minimal growth after prolonged slowdown.
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