Mining

Iran mineral exports update in 7 months

Iran mineral exports update in 7 months
Mining News Agency - Iran exported more than 39.1 million tonne of mineral products worth USD 5.41 billion during the first seven months of the current fiscal year (March 21-Oct. 22), registering a 5.5% and 3.1% growth in tonnage and value respectively compared with last year’s corresponding period.
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Mining News - According to the Iranian Mines and Mining Industries Development and Renovation Organization, mineral imports during the same period stood at 3.15 million tonnes worth USD 2.44 billion, registering a 14.3% decline and a 4.7% increase in tonnage and value respectively year on year.

Semi-finished steel took the lion’s share of exports in terms of value, as 4.66 million tonne worth USD 1.66 billion were shipped overseas, up 14.8% in volume and down 9.5% in value YOY.

According to IMIDRO’s data, large-scale Iranian steel mills produced 9.57 million tonne of semis during the seven-month period, up 14% YOY.

Pottery, bricks, ceramics and tile shipments followed with 5.98 million tonne worth USD 882.9 million, down 1.5% and 1.1% in trade volume and value respectively YOY.

Iron ore came next with 11.09 million tonne worth USD 612.6 million. The volume and value of shipments recorded rises of 11.8% and 60.6% respectively YOY.

Following were copper and copper products with 319,800 tonne valued at USD 330.9 million, down 38.2% and 37.3% in tonnage and value respectively.

Other exported mineral commodities during the seven-month period included steel products with 408,300 tonne worth USD 294 million, cement with 9.07 million tonne worth USD 336.4 million, stones with 3.59 million tonne worth USD 220.4 million, aluminum with 123,000 tonne worth USD 222.9 million tonne, zinc with 120,300 tonne worth USD 227.3 million, direct-reduced iron with 496,200 tonne worth USD 129.2 million and lead with 76,300 tonne worth USD 120.6 million.

Ferroalloy export reached 17,100 tonne worth USD 29.2 million, which was followed by chrome with 139,000 tonne worth USD 20.3 million, molybdenum with 2,400 tonne worth USD 23.1 million, precious mineral (gold, silver etc.) with less than 1,000 tonne worth USD 16.8 million, coal with 139,900 tonne worth USD 14.5 million, nickel with less than 1,000 tonne worth USD 200,000, titanium with less than 1,000 tonne worth USD 200,000, mica with less than 1,000 tonne worth USD 100,000 and “other minerals” with 2.78 million tonne worth USD 267.3 million.

China was the main export destination for Iranian mineral products in terms of volume, as it accounted for over 12.44 million tonne of shipments worth USD 1.08 billion.


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