09
Feb
12:18
Iranian mills negotiate UAE tolling agreements for exports
Iranian privately-owned mills, through their wholly-owned subsidiaries founded in United Arab Emirates, which are nevertheless inactive, are negotiating with re-rollers in UAE for tolling agreements, Kallanish learns from market sources. This would see them roll Iranian billet into rebar and wire rod for export from UAE in order to bypass sanctions.
Preliminary talks are being carried out by a minimum of two Iranian mills with re-rollers in UAE. According to an in…
This article contains premium data.
It is only available for active subscribers and clients currently
on trial. To continue reading, see the options below.
on trial. To continue reading, see the options below.
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