Domestic rebar prices in Iran move down

Monday, 11 September 2017 13:55:46 (GMT+3)   |   Istanbul
       

Market sources report that cash flow problems are experienced in the local Iranian rebar market, and so traders are focusing on their stock sales instead of new rebar purchases. As a result, demand in the local Iranian rebar market is currently at low levels, while domestic rebar prices in Iran have decreased by an average of $30/mt since August 28 to $590-600/mt ex-works, including nine percent VAT.


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