According to market sources, the downtrend of prices in the local Iranian hot rolled coil (HRC) market have continued over the past week, decreasing by $27.5/mt on average to $550-560/mt ex-warehouse, including nine percent VAT. Besides the weakness of demand, the official announcement that customs duty on import flat steel will be decreased to 10 percent from 20 percent is considered as another reason for the downtrend of domestic HRC prices in the country.
Latest situation in local Iranian HRC market
Marketplace Offers
Hot Rolled Coil
Thickness
2 mm
Width
1,500 mm
Coil
R
S235JR
Tedarikçi
YÜCEL BORU VE PROFİL END. A.Ş.
Hot Rolled Coil
Thickness
2.5 mm
Width
1,200 mm
Coil
R
S235JR
Tedarikçi
YÜCEL BORU VE PROFİL END. A.Ş.
Hot Rolled Coil
Thickness
2.5 mm
Width
1,000 mm
Coil
R
S235JR
Tedarikçi
YÜCEL BORU VE PROFİL END. A.Ş.