Iran’s iron ore exports over USD 200 million of iron ore in 2 months

Iran’s iron ore exports exceeded USD 200 million in the first two months of the current Iranian year (March 21 to May 20).

Iran’s customs data said that the country has exported 2.88 million tonnes of iron ore worth nearly USD 200 million in the first two months of the current year. The product is still at the top of the list of Iran’s non oil exports. Most of Iran’s iron ore exports were non concentrated iron ore and its concentrates.

Late in October 2013 a report said that Iran exported over 97% of its iron ore output to China in the first 6 months of the last year. China was the largest market for Iran’s iron ore exports, receiving 97% of the Iranian output.

In mid September, the Iranian Mines and Mining Industries Development and Renovation Organization announced that Iran’s iron ore production in the first 5 months of the current Iranian year (started March 21) exceeded 14.1 million tonnes, showing 6% growth compared with the corresponding period in the last year.

Source – FNA

(www.yaang.com)