0822 GMT October 31, 2020
India, Afghanistan, Russia, Iraq, Qatar, Kenya, Kuwait, Sri Lanka, Pakistan, Armenia, Turkmenistan, Kazakhstan, Azerbaijan, Bangladesh, China, and Oman were the main importers of Iranian cement during the said period, reported globalcement.com on Monday.
Iran’s annual cement production stands at 85 million tons, and the domestic need for the product stands at 65 million tons.
The country is among the seven large producers of cement in the world.
Iran exported about $7 billion worth of construction materials in the previous Iranian year (ending March 19).
As recently announced by the acting minister of industry, mine and trade, the production of major items in the construction industry is more than double the country’s demand for such commodities.
“In this area [the construction industry], not only do we not have any worries about the supply of raw materials, but in important items of this industry, such as steel, cement, and ceramic tiles, our production is almost double the country’s needs,” Jafar Sarqeini noted.
“Today, our country is one of the major exporters of steel in the region and a major exporter of cement in the world,” the official noted, adding that Iran has increased its supply of glass, tile and ceramics to foreign customers in recent years.
Iran’s massive mining and metals sector has expanded in recent years, mainly because the US sanctions on the oil industry have led to greater focus on other sectors.
The government has also raised tariffs on exports of raw minerals as it seeks increased local production of products with more added-value.
That comes despite a decision by Washington in May 2019 to introduce a series of comprehensive bans on Iran’s trade of metals.
However, the bans have largely failed to disrupt the outflow of Iranian products like steel and copper, as customers find them increasingly competitive compared to regional and international rivals.