According to recent data released, major companies in Iran produced around 31.18 MnT iron ore concentrate in first ten months of current Persian year (21st Mar-21st Jan), up 16% as against same period last year. The tenth month production stood at 3.27 MnT in Jan’18, up 13% M-o-M as against previous month.
Major producers were Galgohar Mining and Industrial Company at 11.54 MnT (up 13% Y-o-Y), followed by Iran Central iron ore Company at 7.06 MnT (down 9%), Chadormalu at 4.12 MnT (up 22%), and Gohar Zamin Iron Ore Company at 3.43 MnT (up by more than twice on yearly basis).
Granulated Iron ore production up 6% in First 10 months
The total granulated iron ore production for first ten months of Iranian Persian year recorded at 5.34 MnT, up 6% Y-o-Y. The Jan’18 granulated production recorded an increase of 42% M-o-M to 0.72 MnT.
Major producers were witnessed to be Sangan Iron Ore Complex at 1.72 MnT (up 2% Y-o-Y), followed by Iran Central Iron Ore Company at 1.47 MnT (up 1%), and Iran central plateau iron ore complex at 0.88 MnT (up 51%).
| Granulated Iron Ore Production | 10th Month | First 10 Months | Y-o-Y (%) |
| Sangan Iron Ore Complex | 0.23 | 1.72 | 2% |
| Iran Central Iron Ore Company | 0.24 | 1.47 | 1% |
| Iran central plateau iron ore complex | 0.14 | 0.88 | 51% |
| MIDHCO | 0.07 | 0.75 | 18% |
| Chadormalu Mining & Industrial Co. | 0.03 | 0.29 | 17% |
| Iran Minerals Production and Supply Company (IMPASCO) | 0.01 | 0.23 | -45% |
| Total | 0.72 | 5.34 | 6% |
Fig in MnT
Inputs taken from Planner
Pellet production up 25% Y-o-Y
The iron ore pellet production of major Iranian companies was recorded at 26.45 MnT for the first ten months of current Persian year, up 25% Y-o-Y. The production in 10th Persian month was recorded at 2.82 MnT, up 21% M-o-M as against Dec’17.
Major producers were Golgohar Mining and Industrial Company at 9.17 MnT(up 24% Y-o-Y), followed Mobarekah Steel at 6.33 MnT (up 3% Y-o-Y), and Khouzestan Steel at 5.37 (up 4% Y-o-Y). Middle East Mines Industries Development Holding Company recorded an increase of more than twice Y-o-Y to 2.68 MnT.
| Pellets | 10th Month | First 10 Months | Y-o-Y (%) |
| Golgohar Mining and Industrial Company | 0.99 | 9.17 | 24% |
| Mobarekah Steel | 0.64 | 6.33 | 3% |
| Khouzestan Steel | 0.54 | 5.37 | 4% |
| Chadormalu Mining & Industrial Co. | 0.32 | 2.89 | -6% |
| Middle East Mines Industries Development Holding Company | 0.33 | 2.68 | 141% |
| Total | 2.82 | 26.45 | 25% |
Fig in MnT
Inputs taken from Planner
Two iron ore processing plants have been inaugurated in Sangan in Dec’17. A 5 MnT pellet making plant by Opal Parsian Sangan Mineral and Industrial Company with total investment of about USD 261.9 MnT. Another 5 MnT plant for iron ore concentrate by National Industries and Mining Development Company with investment of about USD 190.4 Mn. Both the plants have been set up at Sangan, having iron ore reserves of over 1.2 BnT.
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