8% decline in Aluminum Iran’s output

Financial Tribune – Iranian aluminum producers had an aggregate output of 275,716 tons of aluminum ingots during the last Iranian year that ended on March 19, 2020, which indicates an 8% decrease compared with last year’s corresponding period, the Iranian Mines and Mining Industries Development and Renovation Organization’s latest report shows.

Flagship producer Iran Aluminum Company (IRALCO) accounted for 177,348 tons of the total output, posting a 4% growth year-on-year.

It was followed by Hormozal Aluminum Company with 46,694 tons, down 40% YOY; Almahdi Aluminum Company with 42,059 tons, down 20% YOY; and Iran Alumina Company with 9,615 tons (no data on YOY changes).