Iran: 50% Reduction in Industrial Production Due to Power Shortages

While industrial business owners report various negative consequences of power outages on production—such as a 50% reduction in industrial park production capacity, the shutdown of 22 cement factory kilns, the closure of many manufacturing units, and a decline in steel production—the CEO of Tavanir (Iran’s Power Generation, Transmission, and Distribution Management Company) has announced that … Continue reading Iran: 50% Reduction in Industrial Production Due to Power Shortages