51728
Iron Ore Exports to Reach 15m Tons by Yearend
Iron Ore Exports to Reach 15m Tons by Yearend

Iron Ore Exports to Reach 15m Tons by Yearend

Iron Ore Exports to Reach 15m Tons by Yearend

Iran is expected to export close to 15 million tons of iron ore by the end of the current fiscal year (started March 20), the head of Iranian Iron Ore Producers and Exporters Association said. Ghadir Qiafeh also pointed to the global recovery in iron ore prices as the main incentive to boost exports.  In 2015, Iran exported 14.8 million tons of iron ore, down 35% compared to 21.8 million tons in 2014 and ranks 11th leading exporter of the steelmaking material in the world. Most of Iran’s iron ore exports were dispatched to China. In 2015, exports to China decreased by 40% from 2014 to 13.2 million tons owing primarily to prevailing low global prices.

Short URL : https://goo.gl/Ww0sBS
  1. https://goo.gl/mTttwv
  • https://goo.gl/nxZELP
  • https://goo.gl/NircQh
  • https://goo.gl/zrUrJ9
  • https://goo.gl/dqpnIv

You can also read ...

Turkey Determined to Protect Companies From US Sanctions
Turkey will take every initiative to protect its companies...
Westminster Group Hopeful Over Iran Airport Security Deal
UK-based company Westminster Group PLC is still hopeful it can...
Tesla’s Gigafactory in Nevada, the US
Tesla Inc has flown six planes full of robots and equipment...
Fiat Chrysler Recalls 4.8m Vehicles
Fiat Chrysler is warning the owners of approximately 4.8...
Further Hike in Unified USD Rate
The Central Bank of Iran has increased the US dollar's...
Iran’s 65-and-over population is projected to rise to make up 11% of the total population in 2036-37.
Iran’s population will get increasingly older over the next...
Head of Sistan-Baluchestan’s Ports and Maritime Organization Behrouz Aghaei (L) shakes hands with Managing Director of Life Trade Promotion Company Mohammad Arazesh after signing the agreement on May 23.
Life Trade Promotion Company signed an agreement with Sistan-...
Non-Oil Trade With Austria Surpasses 19%
Iran traded $364.34 million worth of non-oil goods with...

Add new comment

Read our comment policy before posting your viewpoints

Trending

Googleplus