Economy, Business And Markets
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Iron Ore Galore at IME Export Floor

Iron Ore Galore at IME Export FloorIron Ore Galore at IME Export Floor

Golgohar Mining and Industrial Company offered around 100,000 tons of iron ore, priced at $27 per ton, on the Iran Mercantile Exchange export trading floor on Wednesday trading, IME’s public relations reported.

The export trading floor also played host to 29,610 tons of various grades of bitumen, and 400 tons of roof insulation for export purposes.

Moreover, close to 52,300 tons of bitumen and 18,454 tons of chemicals were offered on the oil and petrochemical trading floor. Acetic acid, linear alkyl benzene, industrial urea, isobutanol, benzene, baking soda, diethanolamine, and diethylene glycol were among the chief chemicals offered there. In addition, 23,000 tons of vacuum bottoms, 17,000 tons of lube-cut oil, and 4,000 tons of sulfur lumps were listed on the board of the floor.

The agricultural trading floor played host to 33,050 tons of corn, 11,470 tons of rice and 500 tons of rapeseed.

Elsewhere, Esfahan Steel Company offered 4,260 tons of I-beams 16 and 18 on the industrial and mining trading floor. Furthermore, 10,120 tons of rebar bundles, and 1,400 tons of aluminum ingot 99.7 percent purity, with the base price of 69,500 rials per kg, were listed on the board of the same floor.

All in all, around 306,000 tons of various commodities were offered at IME’s spot market on Wednesday trading.

Financialtribune.com