It is reported that Iranian authorities decided to the undressed ore, iron ore powder ore and ore to impose a 10% tariff. Iran industrial trade, vice minister of JafarSergheini tells a reporter, after the New Year on March 25, (check), after the first meeting of the national economic council and the implementation of the decision.
After Irans mining ministry of trade, said once the decision to impose tariffs, within the next three years, the iron ore export taxes will be increased from 10% to 20%.
Iron ore export growth accelerated in the past few years, Iran. According to customs statistics, the first 11 months of last year in Iran, Irans total iron ore exports of 20 million tons, 95% iron ore exports to China.