Iran's iron ore price to reach up to 32dollars/Ton over the coming weeks

摘要

According to Mr Tayebi, Managing director of Golegohar Iron ore, Iran's Iron ore is selling to the local mills 35 percent cheaper than International prices at present however will be increased up to 32dollars/Tons over the coming weeks. Gol-e-Gohar mines are including four Iron ore mines and the total exploring capacity of the mines is 135 billion tons in which 4.5 million tons of iron ore has been supplied to the domestic mills over the past year. He added that we are exploring Iron ore from the first mine at present, which has a total exploring capacity of 119 million tons.