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 galvanized steel HDG price remain flat on September 01
0blt1 Tug war in billet market keeps levels under pressure at Black Sea
0blt1 USITC updates on Grain Oriented Electrical Steel
International News
0blt1 Indian rebar market slated for structural shift in short term
0blt1 GC steel HDG price on September 1
0blt1 GMS weekly report on Turkey ship breaking industry for WEEK 35


Round_corner2
 Currency Rate
02 Sep, 2014
 
USD
1.0000   
AUD
1.0754   
BRL
2.2460   
CAD
1.0897   
CNY
6.1458   
EUR
0.7622   
GBP
0.6030   
INR
60.5950   
JPY
104.8022   
RUB
37.3602   
ZAR
10.7088   
Source: http://www.xe.com
Ads_spindia
Ads_spchina
Ads_spmea