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Mercantile Exchange  

IME’s Trade Value of Metal and Mineral Commodities, Up 21%

Trade value of Metal and Mineral commodities in Iran Mercantile Exchange during last Iranian year(ended 20 March2017) indicating a 21.6% growth compared to the same period of the previous year, IME announced in its Quarterly newsletter(Spring 2017).

The metal and mining trading floor within the period witnessed trading to more than 9 million tonnes of commodities worth more than 155,000 billion Rials, compared to the same period last year, experiencing over 21.6% of growth in terms of trade value.

Over this period, on Metal and Mineral trading floor, different groups of products including iron ore, aluminum, steel, zinc ingot, gold bullion, copper, cement, precious metals concentrates, molybdenum sulfur and metallurgical coke were traded.

On the steel group, more than 6 million and 968,000 tonnes of commodities with over 117,000 billion Rials trade value were traded and compared to the same period of the previous year experienced growth of 4.2 percent and 27% in trade volume and value, respectively.

Furthermore, on this trading floor, over 111thousand tonnes of aluminum, one thousand and 490 tonnes zinc ingot, 261 thousand tonnes of copper, 126 tonnes of precious metals concentrates, 6thousand and 40 tonnes of molybdenum sulfur, 8 thousand and 500 tonnes of metallurgical coke, 2 million and 30 thousand tonnes of iron ore and 5 thousand and 500 tonnes of cement were traded.

Also, 620 kg of gold bullion were traded on the same trading floor which compared to last year experienced growth of 3% and 19% in trade volume and value, respectively.

News No: 1221
Date: 2017/08/27 - 14:00
News Source: imidro

IMIDRO  metal & mining  Commodities  Iran Mercantile Exchange  steel 

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