Pakistan to Import 40,000 Tons of Iranian Iron Ore, Fars Reports

[Dance]

Pakistan Steel Mills Corp. will import 40,000 metric tons of iron ore from Iran to speed up steel production, state-run Iranian news agency Fars reported, citing unidentified individuals.
Importing iron ore from Iran costs less than buying the steelmaking raw material on international markets and saves time, Fars said, without elaborating on the transaction.
The first consignment of 20,000 tons will reach Port Qasim, Karachi, this month and a second will arrive by early June, it said.

Pakistan to Import 40,000 Tons of Iranian Iron Ore, Fars Reports - Bloomberg

 

[SamantK]

Pakistan Steel Mills Corp. will import 40,000 metric tons of iron ore from Iran to speed up steel production, state-run Iranian news agency Fars reported, citing unidentified individuals.
Importing iron ore from Iran costs less than buying the steelmaking raw material on international markets and saves time, Fars said, without elaborating on the transaction.
The first consignment of 20,000 tons will reach Port Qasim, Karachi, this month and a second will arrive by early June, it said.

Pakistan to Import 40,000 Tons of Iranian Iron Ore, Fars Reports - Bloomberg

good move, btw how do you see US pov here?

 

[Edevelop]

Pakistan should look towards free trade with Iran.

 

[SamranAli]

hope we improve trade relations with iran that will save time and money also help both countries.

 

[Abii]

Maybe part of the new barter deals we keep hearing about. Wheat for iron? lol

good move, btw how do you see US pov here?

srsly, who give two shits what they think? I never understand this mentality. If Pak has to care about what some douchebag country half a planet away thinks, it will never get anywhere. After the US is gone, someone else will replace it and the cycle will continue. If Pakistan is going to care about the likes of united snakes, it will never get anywhere.

 

[H1ndustaN1]

Pakistan Steel Mills Corp. will import 40,000 metric tons of iron ore from Iran to speed up steel production, state-run Iranian news agency Fars reported, citing unidentified individuals.
Importing iron ore from Iran costs less than buying the steelmaking raw material on international markets and saves time, Fars said, without elaborating on the transaction.
The first consignment of 20,000 tons will reach Port Qasim, Karachi, this month and a second will arrive by early June, it said.

Pakistan to Import 40,000 Tons of Iranian Iron Ore, Fars Reports - Bloomberg

Good decision there by Pakistan. Both countries would benefit immensely from this and hope for more trade between both Iran and Pakistan.

US won't be too happy with this I guess, but that should take a backseat anyway when compared to national interests. We do the same to a certain extent too anyways.

Maybe part of the new barter deals we keep hearing about. Wheat for iron? lol

srsly, who give two shits what they think? I never understand this mentality. If Pak has to care about what some douchebag country half a planet away thinks, it will never get anywhere. After the US is gone, someone else will replace it and the cycle will continue. If Pakistan is going to care about the likes of united snakes, it will never get anywhere.

I have to agree with you on this one. Every country has to look out for their national interests first before giving in to the demands of the West or the superpower. We practice the same policy anyway, we go along with the US as long as it doesn't conflict with our own interests. A line has to be drawn somewhere definitely in international relations.

 

[somebozo]

How are we planning to pay for these imports?
Hard cash across the border? Not impossible if to be sanctioned by government.

Each year billions of ruppees are sent from Pakistan to Iran in the name of Khums by the Shia businessmen..so it is very important to negate that effect by maintaining balance of trade with Iran - by importing their goods and energy.

 

[saiyan0321]

by importing their goods and energy.

no problem the pipeline got that covered

i am very happy that we are cooperating with iran its our neighbor and will be there forever and we should follow our interest not some countries that sits half a planet away. more trade with iran good going hope these relations will keep on going and increasing iran should invest more in pakistan and we should too and ofcourse everyone in the region india china do it more also as its our region and we should follow noone and only look to have good relations with it

 

[explorer9]

Are Pakistani Shia's are more loyal to Iran, why don't you people make and impose the same laws as Iran forged for it Sunni minority.

 

[Rana4pak]

Are Pakistani Shia's are more loyal to Iran, why don't you people make and impose the same laws as Iran forged for it Sunni minority.

WOOOooooooo another stupid troll .when he was born his mother tell him O son i am doing trolling

 

[saiyan0321]

WOOOooooooo another stupid troll .when he was born his mother tell him O son i am doing trolling

ignore the troll thats what he wants a flame thread nothing more anyway kudos to more trade with iran

 

[SamantK]

Maybe part of the new barter deals we keep hearing about. Wheat for iron? lol

srsly, who give two shits what they think? I never understand this mentality. If Pak has to care about what some douchebag country half a planet away thinks, it will never get anywhere. After the US is gone, someone else will replace it and the cycle will continue. If Pakistan is going to care about the likes of united snakes, it will never get anywhere.

No, actually I was talking about the sanctions part they have imposed.. Pakistan being their biggest non-NATO ally.

 

[lem34]

Pakistan should look towards free trade with Iran.

That is one of the best ideas I have heard for a while

No, actually I was talking about the sanctions part they have imposed.. Pakistan being their biggest non-NATO ally.

Give me a break read the constant propaganda from America after Iran Pakistan is hated by America

Are Pakistani Shia's are more loyal to Iran, why don't you people make and impose the same laws as Iran forged for it Sunni minority.

Pakistans founder was a Shia. I and most Pakistani Sunnis have no issue with Iranian brothers

 

[illusion8]

How are we planning to pay for these imports?
Hard cash across the border? Not impossible if to be sanctioned by government.

Each year billions of ruppees are sent from Pakistan to Iran in the name of Khums by the Shia businessmen..so it is very important to negate that effect by maintaining balance of trade with Iran - by importing their goods and energy.

Dude its hardly 8-10 crores PKR max, I don't think that's such a big burden.

 

[SamantK]

Give me a break read the constant propaganda from America after Iran Pakistan is hated by America

Dude, the sanctions are not Pakistan centric rather they are Iran centric, Pakistan is hated but they do give you aid and help you secure aid and loans from IMF..