10,188.85 TRY BIST 100 BIST 100
36.43 USD USD USD
5.05 CNY CNY CNY
38.92 EUR EUR EUR
0.13 CNY CNY/EUR CNY/EUR
38.24 TRY Interest Interest
69.78 USD Fossil Oil Fossil Oil
32.63 USD Silver Silver
4.78 USD Copper Copper
100.96 USD Iron Ore Iron Ore
351.00 USD Shipbreaking Scrap Shipbreaking Scrap
3,423.71 TRY Gold (gr) Gold (gr)

Iran dispatches first major sponge iron briquette shipment to Uzbekistan

In a significant development for regional trade, a large shipment consisting of 44 wagons, each carrying 68 tons of sponge iron briquettes, was successfully dispatched from Iran's Shahid Rajaee Port to Uzbekistan.

Iran dispatches first major sponge iron briquette shipment to Uzbekistan

In a significant development for regional trade, a large shipment consisting of 44 wagons, each carrying 68 tons of sponge iron briquettes, was successfully dispatched from Iran's Shahid Rajaee Port to Uzbekistan. This marks the first time such a substantial consignment has been sent between the two nations, highlighting the growing economic ties and cooperation in the region.

The shipment underscores the strategic importance of Shahid Rajaee Port as a key logistics hub, facilitating the movement of goods across Central Asia. This milestone is expected to pave the way for increased trade and stronger economic partnerships between Iran and Uzbekistan, benefiting both countries' industries and economies.

Trade between Iran and Uzbekistan has seen a significant increase in recent years. According to statistics, the volume of trade between the two countries increased by 17 percent in 2025 compared to the previous year, reaching $468.1 million. This increase in trade reflects joint efforts to strengthen trade relations and expand economic cooperation.

Officials from both countries have expressed optimism about future trade prospects, emphasizing plans to enhance infrastructure and simplify customs procedures to enable more efficient exchanges. The successful dispatch of this shipment serves as a testament to the expanding economic partnership between Iran and Uzbekistan, setting the stage for further collaboration in regional trade and industry.

Comments

No comment yet.

Only +plus subscribers can access this content.

SUBSCRIBE now to share your thoughts on the markets and get more comments.
SUBSCRIBE If you already have an account Sign In

Most read news

Egypt's rebar market reports stability with slight price adjustments

Thursday, March 6, 2025

KARDEMİR signs agreement with US company

Thursday, March 6, 2025

New regulation on foreign currency payments from the Turkish Ministry of Treasury! Affects sale of goods

Thursday, March 6, 2025

HYBRIT announced the successful completion of fossil-free hydrogen storage tests

Thursday, March 6, 2025

China announces plans to decrease steel production

Thursday, March 6, 2025
Follow List
Expand
Your watch list is empty

Add your favorite commodities for quick access and don't miss the latest price change news.


There are no news categories you follow
Edit Notification Preferences
E-bulletin subscription
Sign up to receive the latest news and daily iron prices by e-mail and sms
Become a Plus Subscriber Now!
Try it free for 3 days!
Subscribe Now
Neutral Prices
Be informed
Provincial Iron Prices
Comments and Analysis
Subscribe Now