9,910.61 TRY BIST 100 BIST 100
4.85 CNY CNY CNY
35.40 USD USD USD
36.45 EUR EUR EUR
0.13 CNY CNY/EUR CNY/EUR
39.88 TRY Interest Interest
79.76 USD Fossil Oil Fossil Oil
30.41 USD Silver Silver
4.30 USD Copper Copper
96.59 USD Iron Ore Iron Ore
350.00 USD Shipbreaking Scrap Shipbreaking Scrap
2,689.76 TRY Gold (gr) Gold (gr)
9,910.61 TRY BIST 100 BIST 100
4.85 CNY CNY CNY
35.40 USD USD USD
36.45 EUR EUR EUR
0.13 CNY CNY/EUR CNY/EUR
39.88 TRY Interest Interest
79.76 USD Fossil Oil Fossil Oil
30.41 USD Silver Silver
4.30 USD Copper Copper
96.59 USD Iron Ore Iron Ore
350.00 USD Shipbreaking Scrap Shipbreaking Scrap
2,689.76 TRY Gold (gr) Gold (gr)
9,910.61 TRY BIST 100 BIST 100
4.85 CNY CNY CNY
35.40 USD USD USD
36.45 EUR EUR EUR
0.13 CNY CNY/EUR CNY/EUR
39.88 TRY Interest Interest
79.76 USD Fossil Oil Fossil Oil
30.41 USD Silver Silver
4.30 USD Copper Copper
96.59 USD Iron Ore Iron Ore
350.00 USD Shipbreaking Scrap Shipbreaking Scrap
2,689.76 TRY Gold (gr) Gold (gr)

Positive prospects for İran: strengthening exports in the 3rd quarter of 2023

The 3rd quarter of 2023 for Iran is anticipated to witness a boost in export activities. The lack of substantial growth in downstream industrial production has further fueled the shift towards exporting raw materials.

Positive prospects for İran: strengthening exports in the 3rd quarter of 2023

Iran's mining and industrial mineral  have recorded exports exceeding 1 billion dollars for the second consecutive month. Over the first three months of this year, the total export value in this sector has reached an impressive 3.33 billion dollars, indicating a notable annual growth rate of 7%. The country's steel chain has secured its position at the top, with exports amounting to $1.65 billion, showcasing an impressive growth of 7% in value and a remarkable 20% increase in weight. Following closely is the iron pellets category securing the second position with $262 million in exports, experiencing a remarkable surge of +189% in value and an impressive +227% increase in weight, as per the contract data.

The 3rd quarter of 2023 is anticipated to witness a boost in export activities. The lack of substantial growth in downstream industrial production has further fueled the shift towards exporting raw materials. This factor collectively indicate a positive outlook for strengthening exports in the mentioned quarter.

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

İçdaş Çelik to hold Review and Evaluation Commission (REC) meeting for GES project

Tuesday, January 7, 2025

The export target of the iron and non-ferrous metals sector for 2025: 14 billion dollars

Tuesday, January 7, 2025

The second International Steel Structures Exhibition is ready to welcome steel industry professionals in Iran

Saturday, January 11, 2025

The 914-megawatt power plant of Isfahan Mobarake Steel Complex will be fully operational by next year

Saturday, January 11, 2025

Price drop in the billet market in Asia

Saturday, January 11, 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