kayhan.ir

News ID: 84989
Publish Date : 18 November 2020 - 21:48

Iran Exports $416mn of Copper Cathode in 6 Months

TEHRAN (Dispatches) – Iran has exported $416 million worth of copper cathodes in the first half of the current year (ended on September 21), according to the National Iranian Copper Industry Company (NICICO).
The NICICO report showed that Iran planned to export $332 million of copper cathode in H1, but it could manage to increase it by 26% to amount to $416 million.  
Nearly 139,899 tons of copper cathode were produced in the country in the first six months of the current year, showing a 6% rise as compared to the last year’s corresponding period.
In August it was announced that Iran had an output of more than 91,000 tons of copper cathode in the first four months of the current year (March 20 to July 21), indicating 1% growth compared with the corresponding period last year.

Imports Plummet 21%

Deputy Ministry of Industry, Mine and Trade Mehdi Sadeqi Niaraki said on Wednesday that Iran registered a 21% drop in imports during the first seven months of the current year in terms of value in comparison with the same period last year.
Sadeqi Niaraki that Iran’s import of products witnessed a 2.8% and 21% decrease from March 20 to October 21 in terms of volume and value respectively.  
"Imports decline shows that less products with high-added value have been imported into the country in this period,” he added.
The official noted that 65 million tons of products, worth $18.2 billion, were exported during the 7-month period (March 20 to October 21), showing a 17.6% drop in terms of volume as compared to the last year’s corresponding period.
The exports volume showed a 1.7fold increase in the Iranian month of Mehr (September 22 to October 21), Niaraki said.