Economy, Business And Markets

IME Offers 50KT of I-Beam

IME Offers 50KT of I-BeamIME Offers 50KT of I-Beam

Iran Mercantile Exchange featured about 50,000 tons of I-beam from Isfahan Steel Company on the industrial and mining trading floor on Saturday.

The oil and petrochemical trading floor played host to 62,300 tons of bitumen from Pasargad Oil Company as well as 56,300 tons of the same commodity from Jey Oil Refining Company. The floor also witnessed the offering of 22,000 tons of vacuum bottoms, 3,000 tons of lube-cut oil and 800 tons of granulated sulfur.

The export trading floor filed the offering of 200 tons of roof insulation.

Elsewhere, 5,000 tons of wheat, 2,000 tons of unprocessed vegetable oil, 105 tons of white sugar, 100 tons of soybean meal, 450 tons of corn and 250 tons of rice were offered on the agricultural trading floor.

All in all, about 220,000 tons of commodities were offered in IME’s spot market.