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Domestic production helps Iran save €1.2b: Official
Domestic production helped Iran save €1.2 billion since the beginning of the current Iranian year (March 21, 2019), said deputy industry, mine and trade minister for industry affairs.
Auto industry cautious about China's sluggish market at start of decade
China's auto market is likely to shrink for the third year in a row in 2020, the country's top auto body was expected to say on Monday, but industry watchers are cautiously hoping a sales recovery in lower-tier cities ease the pace of decline.
2019 saw Iran industry output growing 10%: Rahmani
Production of major industrial products in Iran during the first nine months of the current Iranian calendar year (March 21-December 21, 2019) increased by 10 percent year on year, said the industry minister.
Iran steel industry logs growth even with US sanctions
Iranian industrial metals, specifically steel, are the latest target in the Trump administration’s maximum pressure campaign, but officials say the sector is unfazed and keeps growing.
Official: Iran capable of manufacturing 12,000 oil industry components
Iranian experts have the know-how to manufacture 12,000 components and sophisticated equipment of the petroleum industry inside the country, CEO of a major state-run oil corporation said, unveiling plans for domestic production of 7,500 new industrial parts.
Iran faces golden opportunity to revive textile industry
US sanctions have provided Iran with a rare opportunity to resurrect its textile and clothing industry which is as old as its history.
Iran calls for Chinese investment in tourism industry
Iran’s Minister of Cultural Heritage, Handicrafts and Tourism Ali-Asghar Mounesan on Saturday called for Chinese investment in the Iranian tourism industry.
No-deal Brexit 'would cost UK car industry £40b by 2024'
The British car industry has delivered a bleak warning over the danger of a no-deal Brexit, saying it would devastate UK motor manufacturing at a cost of more than £40 billion in lost production by 2024.
Industry questions value of bottle recycling scheme in UK
Glass bottles should not be included in the new cashback recycling scheme being introduced in Scotland and across the UK, waste and drinks industry experts have said.
Maritime industry seeks solutions to limit pollution
Shipowners say they are trying to cut their heavy-polluting industry's impact on the environment by using cleaner energy — but some have stalled over limiting the speed of ships.
Iran becoming self-sufficient in heavy tire industry: Minister
Iran’s minister of industry, mine and trade said the country is going to achieve self-sufficiency in the production of heavy tires.
Minister: Imports of industrial products to fall $10b by 2022
Iran plans to reduce imports of industrial goods by $10 billion by March 2022 through promoting domestic production of such products.
Saudi Arabia, world’s top arms importer, launches own military industry
Saudi Arabia, one of the world’s top arms importers, says it has launched a program to license firms seeking to participate in its own military industrial sector.
Euro area growth momentum slides as industry pain overwhelms
Economic activity in the euro area’s private sector weakened further as still-solid services couldn’t make up for rapidly deteriorating manufacturing.

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