Exports of Mining, Mineral Industries Rise 126% YOY to Over $5b in 5 Months

Iran’s “mining and mineral” industries exported a total of 21.98 million tons of products worth $5.08 billion in the first five months of the current fiscal year (March 21-August 22) to register an 11% and 126% year-on-year growth in weight and value respectively, according to a news report released by the Iranian Mines and Mining Industries Development and Renovation Organization.
Steel and steel-related products topped the list of exports in terms of value with an aggregate of $3.09 billion, followed by copper and downstream products with $621.6 million and aluminum and related products with $244.18 million.
Exports of “pottery, bricks, ceramic and tile” group saw the biggest jump in terms of value (373% YOY) to reach $12.85 million, followed by iron ore concentrate with $57.38 (up 348% YOY).