Monday, September 15, 2014

IRAN: Iran to sell more cement to Iraq

Iraq has agreed to increase the volume of Iran's cement export, a senior trade official said.

"As of September 1, each (Iranian) company can export 15,000 tons of cement into the neighboring country from Shalamcheh, Chazzabeh and Mehran border terminals," Jahanbakhsh Sanjabi Shirazi, the head of Iran-Iraq Joint Chamber of Commerce, told Fars News Agency.

He noted that the new regulations have been adopted by Iraq's Trade Ministry.

Last week, a senior trade official said Iran annually exports 8 to 10 million metric tons of cement to Iraq.
"Iran supplies nearly half of Iraq's total cement consumption," said Majid Qorbanifaraz, an official of Trade Promotion Organization of Iran.

"Iraq annually consumes 19 million metric tons of cement, of which 10 million to 12 million metric tons are produced inside the country and the rest is imported from Iran."

Iran exported over 8 million metric tons of cement during March 21-August 22.

Last week, Secretary of the Association of Iranian Cement Producers Abdolreza Sheikhan said 981,605 metric tons of cement were exported during July 23-August 22.

Iran has successfully started to use railroads to export cement to neighboring and Central Asian countries.
Iran currently exports cement to 24 countries, including Azerbaijan, Turkmenistan, Afghanistan, Russia, Kazakhstan, Kuwait, Pakistan, Qatar, Turkey, Georgia, Oman, India and China.

Seven countries out of the 24 account for 97 percent of Iran's total cement exports.

The main importers of Iranian cement are Iraq (63 percent), Azerbaijan (4 percent) and Turkmenistan (7 percent).

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