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Iron Ore

  • EghtesadOnline: Iran is only 14 years short of seeing the depletion of its iron ore reserves, which experts blame on the high extraction and difficulties in processing the mineral.

  • EghtesadOnline: About 1 billion tons of new iron ore reserves have been identified in Iran over the past six years, the Iranian Mines and Mining Industries Development and Renovation Organization reported.

  • EghtesadOnline: A total of 14.79 million tons of iron ore pellets were produced in Iran during the first four months of the current fiscal year (March 20-July 21) to register a 2% rise compared with last year's corresponding period.

  • EghtesadOnline: A total of 16.04 million tons of iron ore concentrates were produced in Iran during the four months ending July 21 to register a 1% rise compared with the corresponding period of last fiscal year.

  • EghtesadOnline: A total of 39.34 million tons of iron ore concentrates were produced in Iran during the first 10 of the current Iranian year (March 21, 2019-Jan. 20) to register a 3% growth compared with the corresponding period of the year before.

  • EghtesadOnline: Iran’s total exports of iron ore witnessed a noticeable downturn since the seventh Iranian month (Sept. 23-Oct. 22), at the beginning of which the Ministry of Industries, Mining and Trade started to impose tariffs on the export of unprocessed minerals, including iron ore.

  • EghtesadOnline: Despite the 25% customs duty imposed on the export of iron ore, the export of raw materials used in steelmaking is continuing and the duties have not discouraged exporters at all, the managing director of Esfahan Steel Company said.

  • EghtesadOnline: Iran exported 7.86 million tons of iron ore during the first five months of the Iranian year (March 21-Aug. 22), registering an increase of 43% compared with last year’s corresponding period.

  • EghtesadOnline: Esfahan Steel Company is currently operating at around half its nominal production capacity and needs about 6.5 million tons of iron ore lumps and metallic materials to operate at full capacity, the company’s deputy head said.

  • EghtesadOnline: A total of 17 million tons of iron ore were exported from Iran in the last fiscal year (March 2018-19), figures released by the Iranian Mines and Mining Industries Development and Renovation Organization show.