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News ID: 88117
Publish Date : 01 March 2021 - 21:52

Iran’s 10-Month Mining, Mineral Exports Exceed $5.6bn

TEHRAN (Dispatches) – Islamic Republic of Iran Customs Administration (IRICA) has reported that the export value of Iranian mining and minerals in the first 10 months of the current Iranian calendar year (from March 21, 2020, to Jan. 19, 2021) hit more than $5.612 billion.
"More than 34,090,000 tons of mining and mineral products was exported from the country in the period,” IRICA said.
Over 3.9 million tons of products in mining and mineral industrial sector, valued at over $762,296,000, were exported to the target markets, data showed.
Steel ingot and products, copper cathode and aluminum ingot accounted for the maximum export share in mining and mineral industrial sector in this period.
Iranian Steel Producers Association (ISPA) statistics showed that import of steel ingot (billet, bloom and slab) into country in first 10 months of current year (from March 21, 2020 to Jan. 19, 2022) registered a 67 percent growth as compared to same period last year.
According to the statistical tables, 5,000 tons of steel ingots were imported into the country from March 21, 2020 to Jan. 19, 2021, the rate of which hit 3,000 tons in last year’s corresponding period (from March 21, 2019 to Jan. 19, 2020).
Earlier, the Ministry of Industry, Mine and Trade had announced that more than 95 to 98 percent of steel’s requirement is met in the country.
According to the statistics, 4,000 tons of steel ingots (billet and bloom) was imported into the country in the first 10 months of the current year (from March 21, 2020 to Jan. 19, 2021), showing a 100 percent growth as compared to the last year’s corresponding period.
It should be noted that Islamic Republic of Iran is the tenth largest steelmaker in the world. By achieving production capacity of 55 million tons of steel in 2025 Vision, suitable ways will be provided for the country to be listed among top seven steelmaking countries in the worldwide.