Iran Mercantile Exchange quarterly newsletter shows total trading value of metal and mineral products in spot market increased from $690 million in fall 2015 to $1165 million in fall 2016.
Based on the report, first rank of trading value in metal and mineral products belonged to steel sector with 75 percent, copper(18%),aluminum (4%),molybdenum concentrates(1%),iron ore(1%) and other products(1%) were in next ranks respectively.
Total value of trading on export pit in fall 2016 was $214 million which witnessed increase from $201 million compared to fall 2015.
It’s worthy to say that 6.94 percent of trading on export was in iron ore sector.