Building Machinery & Equipment
Concrete and mortar mixers weighing more than 711 tons and worth 51.55 billion rials ($1.6 million) were imported into Iran during the five months to Aug.
22, data released by the Islamic Republic of Iran Customs Administration announced.
China with over $1.5 million was the main country from where the products were purchased, followed by Germany and Turkey, Young Journalists Club reported.
Industrial metals came under renewed pressure on Tuesday after a defiant speech from China's president Xi Jinping diminished hopes of an early settlement in the top commodity importer’s intensifying trade dispute with the US.
Chinese Deputy Foreign Minister Zhang Jun underlined the importance of his country's relations with Iran, specially in trade and economic fields, and Beijing's determination to continue bilateral ties in any conditions.
Head of Iran-China Joint Chamber of Commerce said the banking transactions between Tehran and Beijing have not been still restarted due to a series of outstanding obstacles.
Unipec, the trading arm of Chinese state oil major Sinopec and China’s largest buyer of US crude oil until recently, is set to resume purchases from the United States “very soon,” and volumes are likely to be significant, a senior Unipec executive told S&P Global Platts on Saturday.
China's steel consumption could fall in 2019 after it accelerated to double-digit growth this year, state-run Chinese think-tank the metallurgical planning and research institute said today.
China’s imports of crude oil hit a fresh monthly high in November, customs data showed on Saturday, beating the record set in October on heavy buying from private refiners and trial starts of new mega-refineries.