NEWS
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 

Comments:

Leave a Comment:

   
   
   
 

Acciaieria Arvedi issues final acceptance certificate for electric arc furnace from Primetals Technologies

Acciaieria Arvedi S.p.A., an Italian steel producer, has issued Primetals Technologies the final acceptance certificate for a new electric arc furnace.
 

Primetals Technologies supplies EAF Quantum electric arc furnace and ladle furnace to Langxi County Hongtai

Primetals Technologies has received an order from Chinese steel producer Langxi County Hongtai Steel Co., Ltd.
 

US Likely to Waive Off India from Iran Sanctions

Bringing relief to trade participants from both India and Iran comes the news that India is likely to receive waiver from U.S. sanctions to carry out trade with Iran
 

Iran: Iron Ore Exports to India Jump Three Fold in Oct'18

According to the data maintained by SteelMint, Iran has exported 1.67 MnT iron ore via bulk shipments in the seventh month of Iranian year (during 23rd Sep- 22nd Oct'18).
 

JSW Steel’s Plans to Invest in U.S. and India amid Steel Sector Revival

According to the latest reports, Indian steel major, JSW Steel is all set to invest USD 150 million (amounting INR 1,000 crore) in the first phase to set up a new steel facility in Texas, U.S.
 

Thailand Billet Imports Decline 10% in September

Billet imports to the Thailand reported a decline of 10.50% M-o-M in Sep'18 after hitting 20 months high in Aug'18, the trade statistics released by the custom reported.
Upcoming Events
Find a Job !
Tenders
Publications
 Mines & Metals

Mine & Business Today

 Scrap & Recycling

Ahangan

Our partners