Building Machinery & Equipment
Concrete and mortar mixers weighing more than 711 tons and worth 51.55 billion rials ($1.6 million) were imported into Iran during the five months to Aug.
22, data released by the Islamic Republic of Iran Customs Administration announced.
China with over $1.5 million was the main country from where the products were purchased, followed by Germany and Turkey, Young Journalists Club reported.
Chairman of Tehran Chamber of Commerce Masoud Khansari said that the Chinese companies have voiced their readiness to invest in Iran’s development projects, specially in the mines and agricultural sectors.
According to an official from parent and state-owned company Chinalco, Aluminium Corporation of China Limited, popularly known as Chalco, would make the first shipment from its Boffa’s bauxite mine in Guinea by early-December.
China Hongqiao Group Limited, the world’s biggest aluminium producer, has reportedly hired outgoing International Aluminium Institute (IAI) secretary general Ron Knapp as its international adviser with effect from January 1, 2019.
Singapore — China's voracious appetite for coal may be nearing its peak consumption level, but the country's love affair with one of the cheapest fuels is unlikely to end anytime soon, despite Beijing's efforts to turn the skies of Asia's biggest energy consumer blue.
China's crude steel output in October slipped to its lowest level since March at 81.52mn t, as narrowing profit margins slowed production slightly.
Seaborne floating premiums for PB fines have halved since early October, pressured lower by weakness in China's portside markets.