Iran Economy 10M Report Card on Metal Products!
* Report on Iran Economy import-export stats on metal products for a period of 10 months ending in December 2016, indicate a strong win in favor of Steel products. Due to Iranian Costume officials, the total export value of mining and industry sector reached to USD 5.4 bn. The figure speaks for 15.3% of the total export value. The steel value chain send outs were solely responsible for a 40.6% portion with Copper products and Iron ore next in line. The first export destination for metal products was China importing 22.9% of Iran production. Iraq and United Arab Emirates stood on second and third place with 13.2% and 9.2% respectively. An amount of USD 3.08 bn of Mining and related products were imported into the country forming 8.5% of the total nation’s imports and of which 70% was for steel and related products.