Minerals and raw materials

Iran to keep raw materials tariffs in 2020

Iran’s minister of industries says the government has no plan to revise a series of tariffs imposed on exports of raw metals as the government seeks to gain more revenues through the export of finished products that could generate more added value for the country.

Mine and Industry

Demand for Iran’s copper outpaces supply despite US sanctions

The CEO of the National Iranian Copper Industry Company (NICICO) has said that for a first time in the country’s history the sector is facing a higher demand than current supply and output levels despite a series of American sanctions that seek to stifle Iran’s lucrative trade of metals.

Mine and Industry

Iran’s metals exports to China up 150% YOY

A new report shows that Iran’s export of various metals and mining products to China have significantly increased this year amid government efforts to broaden its access to new sources of hard currency at a time of increased American pressure on the oil industry.

Mine and Industry

Factbox: Little global impact expected from US sanctions on Iranian metals sectors

The US government slapped sanctions on Iranian metals and some mining industry as part of its campaign to cut Iran’s non-oil revenues. But, this S&P Global Platts factobox shows such measures will have very marginal impact on the country’s sectors.

Mine and Industry

Analysis: US sanctions seen having little impact on Iran steel exports, but will hit imports

Recent punitive measures on Iranian meals and minerals is not expected to yield desired results as the sectors have previously been under US sanctions.

Mine and Industry

‘US sanctions on Iranian metals won’t hurt exports’

An executive order by Donald Trump about sanctioning exports of several Iranian metals will have very little impact and is nothing new for the Iranian producers.

Mine and Industry

Turkey buys over $400m worth of Iranian minerals to become top importer

Stones, clay, bricks, tiles and carbon are the most favoured raw materials that Ankara bought from Iran during the April-November period.

Mine and Industry

Featured

The Central Bank of Iran (CBI) says Russia’s Mir payment network has been connected to Iran’s Shetab banking system, a move that takes place in line with boosting financial cooperation between the two neighboring countries.

Iran, Russia connect payment systems

Iran lifts three-year ban on Apple iPhone imports

Iran Chamber of Commerce, Industries, Mines and Agriculture

Established in 1884, Iran Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA) is a non-profit and non-governmental institution which aims at facilitating economic growth and development in the country. Iran Chamber tries to further coordinate the activities of the private sector. As an economic forum, representatives from both the government and the private sector attend Iran Chamber's sessions. Meanwhile the institution acts as an advisory body to the government, parliament and judiciary.

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