Industry News

Iran’s aluminium ingot output sees modest 1% Y-o-Y growth in FY2024 amid escalating energy restrictions

Views : 67
Update time : 2024-04-22 18:32:14
According to data revealed by the Iranian Mines and Mining Industries Development and Renovation Organization (IMIDRO), Iran’s aluminium ingot production grew by 2,834 tonnes, or 1 per cent, on an annual basis over the financial year ended March 19, 2024 (Iran’s calendar year 1402).

As per the data, Iran produced 635,000 tonnes of aluminium ingot in FY2024 compared to 632,166 tonnes in FY2023. In the preceding year, Iran’s aluminium ingot production recorded an increase of 17.36 per cent Y-o-Y.

In the past eleven months, Iran’s major aluminium producers, including South Aluminum Corporation (SALCO), Iranian Aluminum Company (IRALCO), Almahdi Aluminum Company, and Iran Alumina Company, collectively produced 582,200 tonnes of aluminium ingot.

Related News
Read More >>
What Tariffs, Steel Prices Mean for E&S Construction Insurance in California What Tariffs, Steel Prices Mean for E&S Construction Insurance in California
Apr .25.2025
What Tariffs, Steel Prices Mean for E&S Construction Insurance in California
Nickel Price Update: Q1 2025 in Review Nickel Price Update: Q1 2025 in Review
Apr .25.2025
Nickel Price Update: Q1 2025 in Review
Higher steel prices benefiting Region steel mills Higher steel prices benefiting Region steel mills
Apr .25.2025
Higher steel prices benefiting Region steel mills
Vale's net profit drops 17% on lower iron ore prices Vale's net profit drops 17% on lower iron ore prices
Apr .25.2025
Vale's net profit drops 17% on lower iron ore prices