Iran To Import

Iran To Import
Published: 29 July 2004

Iran will import the entire 1.5 million tonnes of cement that it has planned for the current Iranian year to March 31, 2005, Iranian Minister of Industries and Mines Eshaq Jahangiri said on July 27, 2004.  Jahangiri denied any disagreements between the ministry and the cement consuming industries, saying that cement imports in the country were delayed because of the unfavourable situation on global markets and the price fluctuations.  Iran, which produces 32 million tonnes of cement annually, has the capacity to meet the domestic demand, according to expert estimates. The country, however, faces cement shortages as it exports to neighbouring countries. According to Jahangiri, Iran exports between 200,000 and 300,000 tonnes of cement annually to Iraq and Afghanistan.