Iran ranks 19th among world's biggest steel ingot exporters

According to the mentioned website, in 2019, Iran ranked 159th among the world’s top 196 countries in terms of importing crude steel (ingots), IRNA reported. The country ranked 53rd among 195 countries in the exports of steel products and it was ranked 85th out of 226 countries in global imports of steel products. Based on the mentioned data, Iranian imports of crude steel and steel products in 2019 stood at $42 million and $302 million, respectively. The country exported $312 million and $252 million worth of crude steel and steel products in the mentioned year, respectively. Last year, the total production of crude steel (ingots) in Iran stood at 26.8 million tons and the total volume of steel products output reached 20.6 million tons, according to the mentioned website. According to IRNA, foreign trade statistics for the first seven months of the current Iranian calendar year (March 20-September 21) show that the country exported 4,375,851 tons of steel ingot and products worth $1.59 billion of which 76.8 percent were billets and blooms. The value of the steel exports in the said seven-months decreased by 37 percent compared to the same period in the previous year, the Industry, Trade, and Mining Ministry Data showed. The total exports of steel ingots and products exceeded 10.5 million tons in the previous Iranian calendar year (ended on March 19). As reported, the imports of steel products in the first seven months of the current fiscal year reached 633,665 tons, which shows a 51 percent increase compared to the same period last year. The value of the imported commodities stood at $714.6 million in the said time span, also 32 percent less than the figure for the same period in the preceding year.source: TehranTimes

Iran ranks 19th among world's biggest steel ingot exporters

Iran’s steel ingot production up 5% in 10 months yr/yr

Copper slips as US data stokes worries about rate-cut policy

El Salvador sitting on $3 trillion worth of unmined gold, president says

Gold price could extend record run into 2025, Heraeus says

Trump tariff risk roils gold and silver as New York prices jump

Rio Tinto’s $2.5 billion lithium plan is a win for Milei

Copper price jumps on China policy, but we’ve been here before

Zimbabwe wants 26% free-carry stake in new mining projects

Glencore ties up with Cyclic Materials in copper recycling push

Lithium supply surplus set to stay with battery makers’ help

China tightens rules to curb methane emissions from coal mines

Rio Tinto, BHP, and BlueScope to build ‘green iron’ plant

Arcadium Lithium investors sue miner over Rio Tinto takeover

Skeena advances Eskay Creek permitting, unlocks Orion funding

US foreign investment panel split on Nippon-US Steel deal

Norge Mining acquires Europe’s largest natural graphite producer

Australia’s CEFC invests $75m in homegrown critical minerals

Forensic technology aids Brazil’s crackdown on illicit Amazon gold trade

Mobarakeh steel is producing green steel through scrap recycling

BHP seeks Brazil growth to emerge from shadow of mining disaster

Norilsk Nickel plans to sell all it produces in 2025