29
Nov
15:56
Iranian rebar declines on weak currency, Iraq steady
The Iranian riyal has depreciated to a record low of 295,000 per dollar. Iranian mills are offering 12-32mm A3 rebar in the export market $560-580/tonne, whereas Rouhina Steel and Kavir Steel have set their ex-works price at $575-580/t.
Kaveh Arvand and Azerbaijan Steel have been heard selling a combined 5,000 tonnes of 8-32mm diameter rebar at $563/t ex-works, to be distributed to various destinations in Iraq, including Basra in the south, Baghdad, and cities in …
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Anonymous
Very good overview of the weekly steel market.
Anonymous