According to the data maintained by SteelMint, Iran has exported 1.14 MnT iron ore via bulk shipments in second month of Persian year FY’18 (during 21st Apr- 20th May’18). The exports have witnessed a significant increase of 19% M-o-M in May’18 as against 0.96 MnT in previous month. This is attributed to Goa mines (India) coming to standstill from 16 Mar’18, post Supreme Court’s order of canceling 88 mining leases.
However, on yearly basis, the exports witnessed decline of 33% in May’18 as against 1.71 MnT in May’17.
Entire Iran Iron ore bulk export shipments in May’18 directed to China
China turned out to be the only importer of Iran iron ore for the month of May’18 at 1.14 MnT, up 41% on monthly basis, as against 0.81 MnT in Apr’18.
Iran country wise bulk iron ore Exports May’18 v/s Apr’18
| Country | May’18 | Apr’18 | M-o-M (%) |
| China | 1.14 | 0.81 | 41% |
| Malaysia | 0.00 | 0.05 | -100% |
| N/A | 0.00 | 0.10 | -100% |
| Grand Total | 1.14 | 0.96 | 19% |
Qty in MnT
Source: SteelMint Stats, Keyvan Jafari Tehrani
Provisional Data
Iran is Planning to Invest in Afghanistan (Herat Province) Iron ore Mine-:
Iran is planning to invest in Sangan iron ore mine of Herat Province, located in border areas between Afghanistan and Iran. As mineral resources from Sangan iron ore mine on the Iranian side are nearing depletion, Iran is willing to invest in the Afghanistan part of the mine to fulfill its need of raw materials.
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