Iranian cement factories have been ordered to stop production for three weeks because electricity shortage. Cement and steel producers have are to halt production for up to three weeks due to inadequate electricity supplies. An electricity industry spokesman said that the halt in supply was now necessary after heavy industrial customers could not observe this voluntarily. Electricity supplies drops to 10% of normal levels during the halt period.
This halt has been in place for some factories for a week now. The ramifications of such power outages and cuts could be the fact that the cement and clinker prices may rise, the domestic consumers may encounter difficulties, and the export of cement could become more difficult.
The reasons lying behind these power shortages have been reported to be the recent overconsumption of power by crypto miners and the increased use of electricity in warmer areas due to the wide use of air conditioners and ventilating systems. Especially in the present time being summer, most southern parts of Iran are facing unprecedented high temperatures.