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Iran exports $1.8B worth of mineral products in 2 months

Business Materials 19 June 2017 11:25 (UTC +04:00)

Baku, Azerbaijan, June 19

By Fatih Karimov – Trend:

Exports of Iran’s minerals and mineral industry products materialized by 152 percent during the first two months of current fiscal year (March 20-May 21), in terms of value.

Iran exported over $1.848 billion worth of minerals and mineral industry products during the mentioned period, meanwhile the planned figure was $1.214 billion, the country’s industry, mines and trade ministry’s official SHATA news portal reported June 19.

Iran exported $161 million worth of minerals in the period including iron ore, worth $108 million (6 percent more year-on-year).

The value of the mineral industry products’ export also stood at $1.687 billion in the 2-month period.

The Islamic Republic exported 5,000 tons of ferro alloys worth $7 million, 1.085 million tons of steel ingot worth $342 million, 85,000 tons of copper concentrate worth $58 million, 8,000 tons of cathode copper worth $38 million and 35,000 tons of aluminium ingot worth $57 million.

The country also exported $57 million worth of zinc (26,000 tons) and $20 million worth of lead (10,000 tons) in the first two months of current fiscal year.

Exports of Iran’s minerals and mineral industry products increased by 17 percent to $7 billion during the last fiscal year (ended March 20, 2017).

The main exported goods were steel products(6.6 million tons, worth $2.699 billion), followed by copper, aluminium, cement, lead, zing, coal, iron, chromium, molybdenum, titanium, mica, nickel, decorative stones and antimony.

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