Iraq slaps 45% tariff on Iranian cement

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Iran/Iraq: Iraq has imposed a 45% tariff on cement import from Iran, according to the head of non-metal mine products and the Department of Ministry of Industries and Business in Iran. Seifollah Amiri of the Tehran Chamber of Commerce said, “Currently, only exporting clinker to Iraq is possible.”

Iran exported 12Mt of cement worth US$695m in the Iranian fiscal year that ran to 19 March 2017. Iraq took US$441m worth of material. Assuming that all exports are the same price per tonne, this equates to around 7.6Mt of cement.

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