Economy, Business And Markets

Isfahan Steel Company Dominates IME

Isfahan Steel Company Dominates IME Isfahan Steel Company Dominates IME

Iran Mercantile Exchange’s export trading board witnessed 30,000 tons of granulated sulfur supplied by Kharg Petrochemical Company at the base price of $128 per tons on Wednesday.

In addition, 9,500 tons of bitumen and 500 tons of insulation were supplied on the same board, the IME reported.

Isfahan Steel Company dominated the industrial and mining trading board with 102,600 tons of rebars and I-beams at the base price of $0.4 per kg, in addition to 169 tons of A3-14-18 rebars, 338 tons of A3-14-16 rebars and 169 tons of A3-12-16 rebars.

The board’s other offerings for the day included 200 tons of 7-6063 billets and 1,440 tons of aluminum alloy ingots by Iran Aluminum Company and 15 kg of gold bars by Mouteh Gold Mine.

Meanwhile, 58,155 tons of bitumen, 19,613 tons of petrochemicals, 7,000 tons of vacuum bottoms and 280 tons of argon were supplied on the oil and petrochemical trading board.

And, 1,000 tons of unprocessed soybean oil, 350 tons of white sugar, 4,000 tons of soybeans, 4,000 tons of durum wheat, and 100 tons of common wheat were featured on the agricultural trading board.

All in all, 240,000 tons of various goods were offered on IME’s spot market on Wednesday.