Cement consumption is directly related to construction industry. As the building industry is on recession in Iran, cement consumption has decreased significantly and cement production is more than its consumption. Iran’s cement capacity is 85 million MT per year while totally 63 million MT is manufactured. However cement producers have 20 million MT of surplus…
Iran cement production developed 6% on this spring in comparison with the same period last year while it had a bearish trend on winter. It demonstrates an upswing trend of cement production in Iran and this growth should be reinforced with cement export. Iran cement export dropped 15% in the same period and Iran government…
U.S. Commodity Futures Trading Commission (CFTC) declared that US investors have been selling #Silver #Euro #Aluminum and #Gold…and have started to buy #Copper, #Oil, #Pound and #Yen of Japan.
Last week #global_stock_markets lost 1.9 trillion dollars of the investor’s money which is equal with Canada economy! News show the weak economy in Europe and also #China in July (China’s industrial production growth: +4.8%, the lowest from 2002) and the fall of US bond rates. Both of these issues made the situation proper for the…
According to U.S. Commodity Futures Trading Commission (CFTC), net #Euro shorts grew by $353 million dollar last week and are likely to remain in vogue ahead of the # ECB’s monetary policy meeting in September.
