Sponge Iron is one of the most exported products from middle east, and Iran holds the first place after India to export and manufacture today.
During last year the rate of Iran sponge Iron production raise to 28 million tons which in comparison to the year before that has raised 6 percent.
Iran holds the second place after India to produce and manufacture Iron and sponge Iron products.
On the other hand, the prices of Indian products in Nepal are experiencing 25 UDS decrease.
The prices suggested to the other countries are getting lower every day and the reason to it can be the production of iron and steel products in IRAN.
Recently, the Indian government has put heavy tariffs on the steel products to lower the costs on the production of steel.
Indian government raised the tariffs on iron ore from 30 to 50 percent.
On the contrary, the tariffs on coals and ferronickel products have decreased from 5n percent to 0.
The price of sponge Iron in the global rate has declared for two countries, India and Venezuela.
Hence, Iran is the second biggest manufacturer of the product and exports sponge iron in large tonnages.
Though the analysis of the ports in Iran is another matter to consider, because IRAN is the pass way of exporting from east to west.
Sponge Iron Price per Ton Today
We better know that IRAN is the second producer of sponge Iron in the world and has a big role in the market, So the price per ton today is directly related to the production process and tariffs in Iran.
The number of factories producing steel products in need of Induction furnace and electric furnace is very high in IRAN.
The existence and abundance of fossil fuels in Iran makes the manufacturers to rely on these methods.
India after putting heavy tariffs on the steel products is giving a big shock to its domestic market. 
It is obvious that Indian government wants to control the exportation of goods from inside the country and make sure of steel business is booming inside the country.
The exportation of crude Iron in India is about 15 percent higher than before which puts a lot of pressure on the exporters but on the other hand the exportation rate has increase 1.3 more percent.
The exportation of India on steel products reached 20 million tons in the recent year.
Sponge Iron Price per KG
Iron products are in the market for a very long time and the need for the minerals and primary materials are always there.
Sponge iron price per kg is one of the trends today but to be honest in every bundle and package, the lowest measurements are about 2 tons.
So, the question should be in tons not in kg.
Iran has exported about 28 million tons since last year and this is going to change and increase in the recent years.
The prices we are giving are the best prices in the market and based on our policy in the company the percentages we put on the prices for the profits are lower than any other companies and manufacturers. 
Today Sponge Iron Price in India
India is one of the biggest exporters and importers of steel products specially sponge Iron around the world.
Today the price of sponge Iron in India is very different and higher thank before.
Based on news from Indian government, Beijing is limiting its steel production and wants to stabilize the rates from 2021.
In doing so the export tariffs and the tax discounts on some steel products are lifted.
China is leaving a huge place in the market and there is good chance for the India to fill it.
From 55 million tons of exportation from China, more than 40 million tons were scattered in the Asian, Middle Eastern and African markets and India has the power to support and take the market.
While Japan, South Korea and Russia is exporting steel, they have not encountered the difficulties of the exportation and importation from China.
Indian steel companies have made a profit out of the exportation demands of the last year because of the international costs for substructures.
The exportation of steel in India was about 10.78 million tons during the last fiscal year.
Sponge Iron Manufacturers in India
Half of the worlds steel production belongs to China.
Sponge Iron has its own market globally and manufacturers in India are working hard to take the place of China in the market.
On the other hand India is going up rapidly, and based on the statistics of the world steel committee, in 2019, China produced about 31.5 million tons of steel products.
The number of manufacturers in India are increasing and based on our team of information I can say that they are increasing the potentials on getting the products and people of India are conscious of the fact that the market for the steel industry is improving and they see a great opportunity to make and start up their businesses. 
India and China have the same advantage in the world.
They have a bigger population than other countries and this makes the people and worker in India cheaper.
Though they work harder, and longer hours and the price is lower, the quality of the product are the same as the advanced countries production.
To sum up, the market in India and China are growing every day, but I can say that IRAN has a great potential to link China and India to the west.
This is logical for Iran to spend and work on the domestic products and to gain the trust of the western countries they must produce a higher quality product.
So for IRAN there is a bright future for exportation and for those who want to invest in the developing economy and gain the raw profits of the market I recommend to go and invest or rather work with IRAN.
0
0