Iran: Domestic Billet Prices Decreases on Low Demand

Mining News Pro - Iran, one of the largest billet exporter in MENA region has exported 1,790,224 MT billet and bloom during the first five months of current Persian year (21-Mar till 22-Aug’18). As per the data released by Iranian Customs, export of billet during the period was reportedly up by 42% Y-o-Y against 1,258,094 MT during the same period of last Persian year. GCC and Far East Asia was the major destination for Iranian billet.

Iranian Billet Prices Remain Stable Amid Holidays

Mining News Pro - Iran, one of the largest producer of semi-finished steel in MENA region has recently uplifted the upper limit at its commodity exchange.

Iran : Domestic Billet Prices Slide Down Post New Government Measures

Mining News Pro - Recently the Ministry of Industry, Mine and Trade suspended the rule of keeping an upper limit of steel price in Iranian Mercantile Exchange i.e. big steelmakers were required to sell their products to authorized buyers in IME with a fixed price of FOB CIS x IRR 42,000.

Iran : Domestic Billet Prices Slide Down Post New Government Measures

Mining News Pro - Recently the Ministry of Industry, Mine and Trade suspended the rule of keeping an upper limit of steel price in Iranian Mercantile Exchange i.e. big steelmakers were required to sell their products to authorized buyers in IME with a fixed price of FOB CIS x IRR 42,000.

Iran- Govt’s New Rule to Sell Steel In Exchange Soars Domestic Billet Price

Mining News Pro - Recently, Ministry of Mines and Trade has issued a letter to all the steelmakers in Iran to sell their products in Iran Mercantile Exchange (IME) this week at the base price decided by the government, apart from selling in domestic market. According to the letter, steelmakers has to offer their billet and slab at a base offering price of IRR 22,916/KG (USD 520/MT) and IRR 24,238/KG (USD 550/MT) respectively.

Iran- Govt’s New Rule to Sell Steel In Exchange Soars Domestic Billet Price

Mining News Pro - Recently, Ministry of Mines and Trade has issued a letter to all the steelmakers in Iran to sell their products in Iran Mercantile Exchange (IME) this week at the base price decided by the government, apart from selling in domestic market. According to the letter, steelmakers has to offer their billet and slab at a base offering price of IRR 22,916/KG (USD 520/MT) and IRR 24,238/KG (USD 550/MT) respectively.

Iran Domestic Billet Prices Rise on Strong Export Demand

Mining News Agency - During week 50 (09-14 Dec’17), Iranian domestic billet price witnessed a growth of around USD 18/MT W-o-W. In week 49, the billet price were down and went to USD 438/MT, whereas in Week 50 market opened at around USD 444 on Saturday.

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