403
Sorry!!
Error! We're sorry, but the page you were looking for doesn't exist.
Iran's sponge iron exports, imports equivalent in March
(MENAFN) Iran's sponge iron exports estimated 360,000 tons during March 2013-2014, which is equivalent to the product's imports, Iran Daily reported.
In a statement, the director general of the Ministry of Industries, Mines and Trade, said that the reasons for the imports of an equal amount of sponge iron in this period are the lack of attention to domestic needs and improper management.
"Exports are indicative of a country's capacities. However, revenues and monetary resources earned through mineral exports are required for establishing infrastructures," he said.
Sponge iron is produced through direct reduction of iron ore and has a purity rate of up to 95 percent. It is the best option for replacing iron tailings in steel production units.
In a statement, the director general of the Ministry of Industries, Mines and Trade, said that the reasons for the imports of an equal amount of sponge iron in this period are the lack of attention to domestic needs and improper management.
"Exports are indicative of a country's capacities. However, revenues and monetary resources earned through mineral exports are required for establishing infrastructures," he said.
Sponge iron is produced through direct reduction of iron ore and has a purity rate of up to 95 percent. It is the best option for replacing iron tailings in steel production units.
Legal Disclaimer:
MENAFN provides the
information “as is” without warranty of any kind. We do not accept
any responsibility or liability for the accuracy, content, images,
videos, licenses, completeness, legality, or reliability of the information
contained in this article. If you have any complaints or copyright
issues related to this article, kindly contact the provider above.
Most popular stories
Market Research
More Story
Comments
No comment