Economy, Business And Markets

Rebars, I-beams Plentiful in IME

Rebars, I-beams Plentiful in IMERebars, I-beams Plentiful in IME

Close to 68,000 tons of mixed rebars and I-beam bundles, 6,444 tons of I-beam A3-12 and 25 and 1,100 tons of mixed rebar bundles were offered by Esfahan Steel Company on Iran Mercantile Exchange’s industrial and mining trading floor on Sunday trading.

According to IME, National Iranian Copper Industries Company offered 4,000 tons of copper cathodes priced at 191,557 rials per kg, 3,500 tons of copper wire with the base price at 198,642 rials per kg, 20,000 tons of low-graded copper, 200 tons of molybdenum sulfur and 12 tons of precious metals concentrate on the same floor. The board also saw 270 tons of copper wire offered by World Copper Company at 199,192 rials per kg as well as 2,000 tons of aluminum ingot of 99.7-percent purity offered by Iran Aluminum Company and priced at 65,580 rials per kg.

The oil and petrochemical trading floor played host to 30,000 tons of lube-cut oil, 33,300 tons of various grades of bitumen, 13,000 tons of vacuum bottoms, 3,300 tons of sulfur and 3,320 tons of petrochemicals.

About 9,950 tons of various grades of bitumen and 700 tons of roof insulation were offered on the export trading floor.

The agricultural trading floor witnessed the offering of 68,220 tons of corn, 11,000 tons of white sugar, 13,920 tons of rice and 4,000 tons of wheat.

More than 296,000 tons of 37 types of commodities were filed on IME trading floors on Sunday trading.