BAKU, Azerbaijan, August 18. Iran's iron ore exports in the first four months of the current Iranian year (from March 21 through July 22, 2025) showed significant growth compared to the same period last year (from March 20 through July 21, 2024), rising by 31.2 percent in value and 34.7 percent in volume.
Data obtained by Trend from the Iranian Steel Producers Association (ISPA) indicates that the country exported a total of 8.2 million tons of iron ore worth $638 million during this period. In addition, 4.1 million tons of iron ore pellets worth $338 million were exported, marking an 8 percent increase year-on-year.
Furthermore, exports included 4.09 million tons of iron ore concentrate worth $300 million, which represents a 74 percent increase compared to the same period last year.
The report also noted that 560,000 tons of sponge iron worth $129 million were exported, showing a 19 percent rise over the previous year.
Iran’s annual steel production capacity is estimated at around 40 million tons.
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