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Iran Business and Economic News in in Fourth Week of the July Comp. Star Marine Services

Original Source: www.NewsNow.co.uk

Iran’s Steel Output Surges; World Steel Association’s Jan.-June Report Shows:

Iranian steel mills produced a total of 12.78 million tons of crude steel during the first half of 2019, which indicates a 5.6% rise compared with the corresponding period of 2018, the latest report released by the World Steel Association shows. Please visit the following link for more information:

https://financialtribune.com/articles/domestic-economy/99113/irans-steel-output-surges-world-steel-associations-jan-june-report

Errant Exporters Repatriate $20b Instead $40b

July 22 was the end of a deadline set by the Central Bank of Iran for non-oil exporters to repatriate their currency earnings during the last fiscal year (March 2018-19) to the country. Please visit the following link for more information:

https://financialtribune.com/articles/business-and-markets/99125/errant-exporters-repatriate-20b-instead-40b

Decline in Iran’s Trade With Brazil

Iran traded 200,905 tons of non-oil goods worth $46.34 million with Brazil during the first Iranian month (March 21-April 20) to register a 127% growth in tonnage and a 29.14% decrease in value compared with last year’s corresponding month, latest data released by the Islamic Republic of Iran Customs Administration show. Please visit the following link for more information:

https://financialtribune.com/articles/domestic-economy/99112/decline-in-irans-trade-with-brazil

Read more Newsletter 4TH week of Jul