Rebar and billet prices in Iran

Tuesday, 14 February 2012 15:54:20 (GMT+3)   |  
       

SteelOrbis has learned from market sources that in the Iranian domestic market 12-25 mm rebar prices are standing at about IRR 11.75-12.2 million/mt ($1,037-1,076/mt) ex-works, on actual weight basis, including VAT.
 
In the meantime, 12-25 mm imported rebar prices at Iran's Bandar Emām port are standing at IRR 11.75-12.1 million/mt ($1,037-1,067/mt), while 12-25 mm imported rebar prices at Anzali port are at IRR 12.0-12.15 million/mt ($1,059-1,072/mt), both ex-warehouse, on actual weight basis and with duty paid.
 
Also, 125 mm x 125 mm steel billet prices at the Iranian port of Anzali are at around IRR 10.2 million/mt ($900/mt) ex-warehouse. The prices are on actual weight basis, duty paid, for truck-loaded deliveries.
 
$1 = IRR 11,335

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