Iran H1 Iron Ore Exports Earn $490m
Iran H1 Iron Ore Exports Earn $490m

Iran H1 Iron Ore Exports Earn $490m

Iran H1 Iron Ore Exports Earn $490m

Iranian iron ore miners exported over 8.69 million tons of granulated hematite iron ore with over 40% content worth $491.82 million during the first six months of the current fiscal year (March 21-Sept. 22), indicating a 7% and 54% year-on-year growth in shipment volume and value respectively, the Islamic Republic of Iran Customs Administration announced. China was the destination for $476 million of the shipments, with India, Turkey, Germany, Iraq, Turkmenistan, the UAE, Slovenia, Uzbekistan and Armenia accounting for the rest. Hematite iron ore exports for the period accounted for 14.8% and 2.32% of Iran’s total exports in H1, customs data indicate. Iran also exported 352,000 tons of the same material but with less than 40% content in the six-month period with a total value of $7.3 million. This is mostly due to China’s shifting policy on imports of low-content iron ore in line with the country’s new environmental concerns.

Short URL : https://goo.gl/6aoDR3
  1. https://goo.gl/LRcPxk
  • https://goo.gl/ajZoj4
  • https://goo.gl/fxHTJL
  • https://goo.gl/PCZiRa
  • https://goo.gl/tSamtb

You can also read ...

Local producers have often called  on the government to increase import tariffs on tires.
In order to “protect domestic production”, the Industries...
Over 18.8 billion shares valued at $998.6 million were traded on TSE over the past month.
Tehran Stock Exchange’s main index TEDPIX gained 2,294 points...
Iran Exim Bank Tapping NDFI Resources
Export Development Bank of Iran–the country's exim bank–is to...
Luxgen’s S3 is a 5-seater subcompact sedan equipped with a 1.6-liter, 116 hp gasoline engine.
Local company Arman Motor Kavir is set to unveil two imported...
About 1.23 million shares valued at $68.49 million changed hands at TSE on Nov. 22.
Tehran Stock Exchange’s main index gained 564.50 points or 0....
Banks Urged to Help  Quake Victims
Central Bank of Iran’s Vice Governor Akbar Komijani appealed...
Transport MoU With South Korea
Iran and South Korea have signed a memorandum of understanding...
Billet and bloom shipments made up the bulk of exports, reaching 1.78 million tons, up 28% year-on-year.
Iran’s semi-finished steel exports during the first seven...

Add new comment

Read our comment policy before posting your viewpoints

Enter the characters shown in the image.