61955
Import prices for 2 mm HRC in Iran rose to $495-500 per ton CFR Iranian ports on April 5, from $475-493 per ton CFR a week earlier.
Import prices for 2 mm HRC in Iran rose to $495-500 per ton CFR Iranian ports on April 5, from $475-493 per ton CFR a week earlier.

Iran Flat Steel Import Market Remains Flat

Iran Flat Steel Import Market Remains Flat

The Iranian flat steel import market has been largely inactive for the most part of the week that ended April 5 due to long holidays to ring in the Iranian New Year (started March 21).
Most market participants returned to the market only on April 3 and were trying to assess the situation both in the domestic and import markets, sources told Metal Bulletin.
“We are just back from holiday so there is little market understanding or activity for the moment,” one source said.
“HRC prices in China are going down, so we expect lower import offers, too,” a second source said.
Meanwhile, Russia’s MMK was recently heard offering HRC at €445-450 ($475-480) per ton FOB Astrakhan.
The estimated cost of freight to the northern Iranian port of Anzali is around $20 per ton.
Metal Bulletin’s assessment of import prices for 2 mm HRC in Iran rose to $495-500 per ton CFR Iranian ports on April 5, from $475-493 per ton CFR a week earlier.
CRC offers from MMK were heard at €520 ($555) per ton FOB Astrakhan, down $10 per ton over the week.
Metal Bulletin’s assessment of import prices for CRC in Iran dropped to $570-575 per ton CFR Iranian ports on Wednesday, from $584-585 per ton CFR in the previous week.

Short URL : https://goo.gl/HPwEJu
  1. https://goo.gl/p17R8B
  • https://goo.gl/M9dWm1
  • https://goo.gl/atgvqP
  • https://goo.gl/liW8xr
  • https://goo.gl/vKrS50

You can also read ...

New Airline Acquires 3 Secondhand Airbus Jets
Three Airbus A319 secondhand jets landed in Mashhad...
Image of Single Suspended Atom Wins Science Photography Prize
A university student named David Nadlinger has won the top...
Tehran stocks spent last week in limbo, as traders seemed...
A number of companies from several countries have expressed...
Iran 20th in Global Maritime Transport Capacity
With 229 vessels, Iran accounts for 1.1% of the global...
Bank Melli Iran, the nation’s biggest bank, is becoming more...
Foreign exchange market showed early signs of cooling on...
Import of Transgenic  Crops Gets Go-Ahead
Majlis Joint Commission has removed an article incorporated in...

Add new comment

Read our comment policy before posting your viewpoints

Trending

Googleplus