10
Jan
11:23
Iranian longs prices inch up amid nuclear talks
Iran has started the week with optimism over nuclear talks being held in Vienna, which has boosted the Iranian currency and sentiment in the steel market, Kallanish notes. Iranian rebar export offers have gone up $5-10/tonne as a result.
The rial has appreciated to 262,000 per dollar from last week’s 272,000, according to central bank exchange rates.
“We have optimism on nuclear talks; although no deal has been reached, the reflection among the Irania…
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Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous