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Iran: Iron Ore Exports Down 19% M-o-M in Dec'18

According to the data maintained by SteelMint, Iran has exported 1.07 MnT iron ore via bulk shipments in the ninth month of Iranian year (during 22rd Oct- 21st Dec'18). The exports witnessed 19% drop on monthly basis in Dec'18 as against Nov'18 exports at 1.32 MnT.

On yearly basis, the exports have witnessed 20% fall as compared to Dec'17 exports at 1.33 MnT.

For the duration Apr-Dec'18, the exports witnessed at 10.38 MnT, down sharply by 30% against 14.8 MnT during same duration last year (Apr-Dec'17). Iranian exports for CY18 witnessed at 16.22 MnT.

Iranian exports to China down 16% M-o-M

China stood the largest and only importer of Iranian iron ore in Dec'18 at 1.07 MnT, down 16% on monthly basis as against 1.27 MnT a month ago.

As per data maintained with SteelMint, China stood the largest importer of Iranian iron ore in CY18 at 15.46 MnT contributing 95% of total Iranian export share, followed by India at 0.26 MnT and Malaysia at 0.13 MnT.

Source: steel mint

Jan 7, 2019 10:13
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