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.
China's Hebei province will reduce crude steel production capacity by 14mn t/yr in 2020, as part of its plan to reduce 40mn t/yr of capacity during 2018-20.
Chinese government officials will visit Washington next week to sign a "phase one" trade deal with the US, China's commerce ministry said today.
China's Hengli Petrochemical is starting up today its 2.5mn t/yr No.4 purified terephthalic acid (PTA) unit at Dalian.
China has approved a new quota for more than 35,000t of copper, aluminium and ferrous scrap imports for delivery in 2020.
China's central government-owned Baowu group produced 96mn t of crude steel in 2019 with 100mn t output "just around the corner".
Seaborne pellet prices rose over the last week, driven by robust demand and gains in 62pc and 65pc fines indexes.