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Monday, July 23, 2018 - 3:57:25 PM
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Mining News Pro - Yesterday, the Industrial Chamber of Commerce of Iran saw 40,000 tons of Khuzestan steel billets at a basic price of 2340 USD per kg, which eventually came with a strange event and demanded 468 thousand tons for the cargo. The Steel Association of Iran reported in a report that today`s supply of Khuzestan steel in a high demand bulk stock has capped 10 percent of the price and the final price has reached 2574 tomans in recent weeks. But this was not the end, as Mohammad Keshani, the managing director of Khorasan Steel, announced the cancellation of the deal.
According to Mining News Pro, quoted by the public relations department of Khuzestan Steel, Kashani stated: "The pressure on big steelmakers, the emergence of rents, and the sponsorship of the dealership, are three disruptive factors in the bullion market."
Kantiani stated: "The government, unfortunately, does not consider steel makers to be, and the domestic steel company is not unanimous about market policies. Recipients and regulations are designed and implemented in such a way that manufacturing factories are faced with liquidity and profitability problems, and, conversely, mediating and regulating the affairs of the country, and the resulting process of rising prices in the market floor and unwanted inflation for It is a community.
For example, the steel company of Khuzestan has been pricing at $ 0.468 per barrel for more than a month
Commodity supply and eventually compete to $ 0.5148 arrives.
This is while the price of rivets reaching the people reaches about $ 0.78. The question is, who gets this renter over $ 0.20 a pound of people.
At the end of the day, he stated: "In the coming days, I will make clear the media behind the scenes behind the game dealer.
Short Link:
https://www.miningnews.ir/En/News/218786
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