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02 Sep
12:59

UAE becomes net ferrous exporter

In the first nine months of 2021, United Arab Emirates registered a foreign trade surplus of ferrous products under HS chapters 72 and 73 of 290,025 tonnes, compared to a deficit of 2.36 million tonnes the prior year. Nine-month imports of ferrous products under HS chapter 72 soared 24.4% on-year to 4.64mt. However, the country's exports jumped 69.8% to 3.76mt, and re-exports grew 36.6% to 334,275t, according to the latest da…
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