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Iran’s iron ore exports increase

Business Materials 6 January 2020 15:47 (UTC +04:00)
Iran’s iron ore exports increase

BAKU, Azerbaijan, Jan. 6

By Elnur Baghishov - Trend:

During eight months (March 21-Dec. 21) of this Iranian year (began March 21, 2019), Iran’s iron ore exports increased by 46 percent compared to the same period last year, according to the Iranian Customs Administration, Trend reports citing IRNA.

As many as 10.6 million tons of iron ore worth $698 million were exported in eight months, according to the report.

The export of crushed stone for eight months amounted to 4.7 million tons. Thus, compared to the same period last year, the export decreased by 21 percent.

The export value of crushed stone export amounted to $222 million. In terms of value, there was a 27 percent increase over the same period last year.

In eight months, the export of iron ore concentrate amounted to 3.4 million tons. Compared to the same period last year, there was a 29 percent increase in weight.

According to statistics, Iran’s iron ore pellet exports amounted to 2.3 million tons. In terms of weight, exports increased by 63 percent compared to the same period last year.

The value of the exported pellets was $207 million. Export value rose by 89 percent compared to the same period last year.

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