EghtesadOnline: Flat steel import trade in Iran has been almost non-existent in the past several weeks, because of currency exchange rate issues.
EghtesadOnline: The government has finally dialed down import duties on various types of flat steel, despite objections by producers and even government bodies such as Iranian Mines and Mining Industries Development and Renovation Organization.
EghtesadOnline: Iran’s largest flat steel producer Mobarakeh Steel Company ended the 11 month of the current fiscal year (Feb. 19) with robust growth in sales value and double-digit upticks in production and sales volume.
EghtesadOnline: Buying activity in the Iranian flat steel import market remained sluggish in the week that ended Wednesday, while local prices were more competitive to import.
EghtesadOnline: Hot- and cold-rolled coil import prices in Iran were largely unchanged in the week ending Nov. 22 on limited buying activity.
EghtesadOnline: Buying activity in the Iranian flat steel import market was modest in the week to Nov. 15, as prices for foreign material were significantly higher than the domestic market, sources told Metal Bulletin.
EghtesadOnline: The flat steel import market in Iran continued to be influenced by an unprecedented increase in freight rates sparked by a massive rise in grain shipments to the country.
EghtesadOnline: Prices for imported flat steel products in Iran increased over the week ended Oct. 25 amid reduced availability of materials from Russia.
EghtesadOnline: The prices for some flat steel products to be imported into Iran increased last week, while buying activity was slow because buyers wanted discounts.
EghtesadOnline: Buying activity in the Iranian flat steel import market was limited last week, with customers looking for lower prices amid weaker domestic demand and the downward sentiment afflicting the global steel market.