Hot dip galvanized prices have moved down further in the last two weeks in Iran in line with global trends in the flat steel markets. The current declining trend in the Iranian HDG market started back in mid-May. Local Iranian galvanizing mills are now selling 0.5-1.25 mm HDG at about $840-890/mt ex-works, down from about $867-905/mt two weeks ago and $970-980/mt four weeks ago.
Most local Iranian galvanizing mills have steadily reduced their prices in the last few weeks, with some of them offering deferred payment in order to attract local buyers. Some suppliers have even been willing to consider some extra discounts of about $30-40/mt if buyers place orders for at least 300-400 mt. The declining prices of flat products in the global markets (especially prices of HRC and CRC) along with the weak demand in local market have caused the Iranian galvanizing mills to be more flexible and readier to negotiate.
For a few years now Iran has not imported so much HDG, as there are currently several local suppliers, including Seven Diamonds Industries, Kashan Amirkabir Galvanizing, Semnan Rolling & Pipe and Royandood, which have an aggregate nominal capacity of about 1 million mt per year. Iran imported about 38,000 mt of HDG in first two months of the current Iranian year (started March 21) according to Iranian customs. In the last Iranian year, the country imported about 225,000 mt of HDG.
(USD1 = Iranian Rials 10,450)
HDG prices in Iran indicate further decreases
Marketplace Offers
HDG Coil
Thickness
1.1 mm
Width
1,000 mm
Coil
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DX51D+Z70
Tedarikçi
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Galvanized Cut-To-Length Sheet
Thickness
0.25 - 2 mm
Width
700 - 1,300 mm
Length
400 - 3,000 mm
Tedarikçi
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Galvanized Slitted Coil
Thickness
0.25 - 3 mm
Width
20 mm
Coil
R
Tedarikçi
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