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IRIR Dominates IME
Economy, Business And Markets

IRIR Dominates IME

The Iran Mercantile Exchange (IME) featured various scrap commodities offered by the Islamic Republic of Iran Railways (IRIR) on Wednesday trading, the IME’s Public Relations and Foreign Affairs Office reported.
Scrap freight cars, train wagons, old wooden sleepers, and used engine oil were offered by the IRIR on the IME’s secondary market.
According to the report, the spot market played host to 116,000 tons of petrochemicals on the oil and petrochemical trading floor, as well as 112,000 tons of commodities on the industrial and mining trading floor both for local and export purposes. In addition 2,050 tons of commodities were supplied on the agricultural trading floor.
The oil and petrochemical trading floor played host to commodities like roof insulation, various grades of bitumen, different chemicals, vacuum bottoms, lube-cut oil, argon gas, and sulfur.
About 100,000 tons of pelletized iron ore was also offered to overseas customers. Furthermore, rebar bundles, gold bullions from Mouteh Gold Complex, coke, and I-beams were among the commodities offered on the industrial trading floor.
Finally, close to 500 tons of Russian wheat, 1,550 tons of local corn, and 20 kg of local saffron, were offered on the agricultural trading floor.
 

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