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28 Feb
14:19

Iran enforces domestic supply to prevent price hikes

The Iranian government has implemented a new regulation to force billet producers to prioritise supply to the domestic market, in order to moderate domestic price hikes, Kallanish learns from market sources. The Ministry of Industry issued a letter to the Commodity Exchange Authority, dated 26 February, and circular no. 46264 comprising ten articles. These impose special measures to ensure supply to the domestic market is prioritised, thereby preventing drast…
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