Iran is to increase exports of copper cathode and concentrates to China in 2016 based on a recent agreement, says Morad Alizadeh, managing director of National Iranian Copper Industries Company. Referring to the 27% decline in global copper prices in 2015, Alizadeh said the downtrend—as part of the general decline in metal prices—is expected to continue well into the new year. “We must increase exports to maintain our profit margin,” ISNA quoted him as saying.
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