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Wednesday, 01 October 2025 10:00
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Imidro's first offering of Sangan iron ore lump on the Iran Mercantile Exchange

In order to clarify prices, discover fair prices, and optimize the delivery of iron ore lumps to investing companies, IMIDRO offeres this product through the Iran Mercantile Exchange.

Imidro's first offering of Sangan iron ore lump on the Iran Mercantile Exchange

According to IMIDRO's public relations, for the first time and in its fifth offering, IMIDRO also supplied iron ore lump to other private companies. In addition to meet the need of investors, this is also offered to other companies in the private sector. (The previous four offerings were exclusively for Sangan investors.)
It is expected that IMIDRO allocate a surplus of iron ore lumps to other consumers, concurrent with offering iron ore lumps to investors on the Mercantile Exchange board.
For the first time, and during the past week, 200,000 tons of lumps were sold on the exchange, which is more than the investors' needs.

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