24 Apr 2024
Tuesday 24 December 2019 - 16:22
Story Code : 366321

Iran: Exports of ferrous minerals earn over $4.6 billion in 7 months

Financial Tribune - Iran exported $4.63 billion worth of ferrous minerals in the first seven months of the current Iranian year (March 21-Oct. 22), the head of the Ministry of Industries, Mining and Trade's Mines and Mineral Industries Department said.

Citing statistics from the Islamic Republic of Iran Customs Administration, Elaheh Mokri added that steel ingots topped the list of exports as a total of 3.74 million tons of the product worth $1.41 billion were exported during the seven months.

Iron ore and concentrate was next with $683 million, followed by long steel products with $668 million, copper cathode with $475 million, flat steel products with $249 million, zinc ingot with $191 million, and copper ore and concentrate with $144 million.

The abovementioned seven products accounted for 82.66% of the total value of ferrous mineral exports, she added.
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