Iran’s exports of metal, non-metal products on rise

Business Materials 2 September 2018 14:18

Tehran, Iran, Sept. 2


Iran exported 18.7 million tons of metal and non-metal products worth $3.1 billion in the first four months of the current Iranian fiscal year (started March 21), according to the Islamic Republic of Iran Customs Administration.

Metal and non-metal exports totaled $3.1 billion over four months to July 22, registering a 35 percent rise compared to the same corresponding period of last year, the industry ministry’s Shata news agency reported.

Some 7,752 tons of metal mineral products worth $2.238 million and 6,969 tons of non-metal products worth $523 million, mainly building materials, were exported during the reporting period.

Among the metal products, steel ingots had a lion’s share with 2,487 tons. Thailand and the UAE were among the major destinations of Iranian steel.

Steel followed by copper cathode that witnessed a 270 percent growth compared to the last year. Its value stood at $213 million and South Korea imported a major part of it during the period.