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Iran and China strengthen economic ties, reach new deal A high-level Iranian delegation visited China in early November 2023 to attend the 6th China International Import Expo (CIIE), led by Iranian First Vice President Mohammad Mokhber. The delegation included the Ministers of Economy, Industry, Mining and Trade, as well as representatives from various ministries and …

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Iran-Africa trade shows resilience and growth! Iran’s trade with Africa has shown signs of resilience and growth despite the current situation in Iran, according to Iranian officials and data. According to Ruhollah Latifi, the spokesman of Trade Development Committee of Iran’s House of Industry, Mining and Trade, Iran exported 1.205 million tons of non-oil commodities …

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Iron ore price rally continues as China boosts steel demand The price of iron ore, the main ingredient for steel production, has risen for the fifth consecutive week as China’s efforts to revive its property sector boosted steel demand in the world’s largest consumer. The most-traded January iron ore contract on China’s Dalian Commodity Exchange (DCE) …

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Iran’s mining and mineral exports soar amid sanctions! The Iranian Mines and Mining Industries Development and Renovation Organization (IMIDRO) announced that the country exported more than $7.4 billion worth of mining and mineral products in the period, registering a 38 and 7.5 percent increase in weight and value respectively compared to the same period of …

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