The production of basic metals and non-metallic minerals exceeded the market’s needs/ energy restrictions are meaningless for industries

According to the economic reporter of Fars news agency, according to the statistics of Central Bank’s Monetary Research Institute of the inventory of selected industries of the country, this index in one year ending in Farudin 1402 compared to the same period in the past for the groups of chemical industries, basic metals, automobiles and parts, industries Food, non-metallic minerals and pharmaceutical industries decreased by 2.6%.

Meanwhile, electricity-intensive industries located in the groups of basic metals, including steel, and non-metallic minerals, including cement, have experienced an increase of 1.2 percent and 0.9 percent, respectively.

* The growth of the stock of basic metals and non-metallic minerals

The stock index indicates the difference between production and demand of industries, and its positiveness means that the demand of this product in the markets of industries located inside and outside the country was less than the production.

On this basis, the increase in the inventory of basic metals and non-metallic minerals industries indicates that the production of these industries is higher than the market demand.

Based on these statistics, there was no energy limit to meet the needs of industries, and these industries, in addition to covering the full demand, have stored part of their production in warehouses over the past year.

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