Iranian cement manufacturers are on verge of bankruptcy

Iranian cement manufacturers are on verge of bankruptcy

Iranian cement manufacturers are being forced to sell their products at a significant discount, the director of production in Lamerde, Ibrahim Golyam-zadeh, said.


He also added that if the issue of cement prices is not solved soon then some manufacturers will have to close. The critical situation in the cement market has arisen due to the fact that this year the number of projects on improvement has significantly reduced and the demand for cement has fallen.


Iraq, which was the main market for the import of Iranian cement, is buying these products at very low prices. Experts say that this situation has led to a shortage of liquidity for cement manufacturers, Iran.ru reports.

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