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.
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.
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’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 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.
1 July 2025