08
Nov
15:20
Iran concludes billet export deals, rebar up
A huge affordable housing programme is expected to boost rebar demand in Iran over the coming years. However, in the short term, natural gas supply will be restricted to industrial users over the winter, limiting steel output, local sources observe.
Iranian mills are offering 12-32mm A3 rebar in the domestic market at IRR 151,376,146/tonne ($541) on the Mercantile Exchange (IME) and wholesalers are quoting the product at IRR 155,963,000/t ex-works, excluding 9% VA…
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Anonymous
Very good overview of the weekly steel market.
Anonymous