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 ...

Iran and the Eurasian Economic Union signed a three-year provisional agreement on May 17 for the bloc to welcome Iran into the EEU Free Trade Zone.
The Eurasian Economic Commission Council approved the roadmap...
India in Touch With All Stakeholders on Iran Sanctions
Following fresh US sanctions on Iran over its nuclear program...
US Pressuring German Firms ‘Daily’ Over Iran Sanctions
Washington’s ambassador in Berlin has been pressuring German...
Google Defends Gmail Data Privacy Policy
Alphabet Inc’s Google gave details about its policies for...
Crypto Trading Continues to Decline Since CBI Ban
Cryptocurrency transactions in Iran have significantly...
Housing Uptrend Continues
Iran's housing and construction sector registered a fourth...
Instagram Testing Resharing Feature
After years of resistance, Instagram is now testing a way for...
Renovation of Mehrabad Airport Terminals by March 2020
Renovation of terminals 1 and 2 of Tehran’s Mehrabad...

Add new comment

Read our comment policy before posting your viewpoints