The 13th Iran International Auto Parts Exhibition opened on Monday in Tehran.Held at Tehran International Fairground, this year’s event brings together 191 foreign and 526 local automotive firms.
The number of foreign companies has declined sharply compared to last year when more than 540 foreign companies and exhibitors attended.
Parts makers from China, India, Taiwan, South Korea, France, Poland, and Turkey are seen in this year’s event.
Industries Minister Reza Rahmani and Mansour Moazemi, director of the Industrial Development and Renovation Organization, along with managers of major local auto companies and part manufacturing firms attended the opening ceremony.
China's steel consumption could fall in 2019 after it accelerated to double-digit growth this year, state-run Chinese think-tank the metallurgical planning and research institute said today.
France and Germany have agreed to host the Special Purpose Vehicle (SPV) meetings to keep trade between Iran and the European Union alive, media reports said.
China’s imports of crude oil hit a fresh monthly high in November, customs data showed on Saturday, beating the record set in October on heavy buying from private refiners and trial starts of new mega-refineries.
India world’s third-largest scrap importer after Turkey and South Korea has witnessed sharp rise in bulk scrap imports in Nov’18. As per vessel line up data, India imported total 126,440 MT bulk ferrous scrap in Nov’18 as against nil volumes in Oct’18.
With the start of winter heating season in November came the output restrictions in China’s steel sector as a part of country’s anti-pollution campaign.
China's Bank of Kunlun which deals with financial affairs of China National Petroleum Corporation has resumed conducting financial transactions between with Iran, an informed source said on Saturday.