Latest situation in Iranian HRC market

Monday, 12 June 2017 14:02:17 (GMT+3)   |   Istanbul
       

Trading activity in the local Iranian hot rolled coil (HRC) market is currently weak. Meanwhile, supply volumes of HRC in Iran have declined due to the absence of some suppliers, and this has provided support for domestic HRC quotations. As a result, prices in the local Iranian HRC market have remained stable week on week at $565-570/mt ex-warehouse, including nine percent VAT.


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