23
Feb
13:25
Rebar prices firm in Iran and Iraq
In Iran this week, the rise in billet prices has been arrested by the government crackdown on iron ore prices in China, a major export destination for Iranian steel products. Traders have thus suspended their interest in Iranian billet. However, rebar prices are strong due to domestic market sentiment, Kallanish notes.
Traders are quoting prime brand 12-32mm A3 grade rebar in the domestic market using the indicative price on the Iranian Mercantile Exchange (IME) o…
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Anonymous
Very good overview of the weekly steel market.
Anonymous