News
Iranian steel market trend in week 08 2012 - Flat products - 29 Feb, 2012
2 mm HRC was offered at USD 900 per tonne on truck in Anzali including 4% VAT. By middle of the week, prices were upward and reached USD 927 per tonne by end of the week. Other flat products of Mobarake Steel were almost stable in prices. Kavian Steel and Oxin Steel mill's prices were unchanged.

The main reason for current stable price of HRC is New Year holidays coming and lower demand and more supply of Mobarake Steel and Russian and Chinese products in the market. But market participants are waiting for some increases in price of HRC like other steel products current market trend.

CRC and HDG markets were stable too. Just 0.70 mm CRC was very limited in supply level and some shortage is expected for thicknesses of 0.80 and 0.90 during coming weeks.

Generally in all steel products market some rises in prices is expected due to limited supply level. Market is waiting for parliamentary election to see some more clear policy of government regarding economic situation of the country.

(Sourced from www.irsteel.com)



Today's News
Main News
0blt1 Chinese domestic narrow HR strip price remain flat on July 31
0blt1 Outokumpu LDX 2101 extends the water heater life for PVI Industries
0blt1 EUROFER updates on domestic appliances segment
International News
0blt1 Indian steel price index on July 31 reflect downtrend
0blt1 GP steel HDG price on July 31
0blt1 Turkish HMS 1/2 80:20 scrap import prices edge up in week ended July


Round_corner2
 Currency Rate
01 Aug, 2014
 
USD
1.0000   
AUD
1.0761   
BRL
2.2635   
CAD
1.0919   
CNY
6.1750   
EUR
0.7471   
GBP
0.5928   
INR
60.8472   
JPY
102.9221   
RUB
35.7782   
ZAR
10.7137   
Source: http://www.xe.com
Ads_spindia
Ads_spchina
Ads_spmea