Tag: Iran Restricts DRI Export

Iran Government Restricts DRI Exports Amid US Sanctions

Aug 6, 2018

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by

Sayed Aameer

in Sponge Iron

Iran is set to regulate exports of DRI (Direct Reduced Iron) in order to check impact of falling Iranian currency, which is the result of fresh US sanctions. Notably Iranian Rial has hit all time low to 100,000 rials per USD, SteelMint learned from market sources. “Iranian government has restricted exports of DRI. Only producers…