SteelOrbis has been informed that as of December 13, 2007 wholesale prices for Iranian origin longs products in the local market are at the following levels:
Size |
Product |
Price Range |
8-25 mm |
A2/A3 rebar |
$766-818/mt |
6-10 mm |
Wire mesh |
$960-980/mt |
2-3 mm (thickness) |
Profile |
$810-820/mt |
30×30×3-100×100×10 mm |
Square tube |
$880-905/mt |
All prices are on cash payment basis for prompt shipments.
During the week ended December 16, the Iranian longs market showed a downward trend in most products. Rebar decreased by $5/mt, the profile price decreased by $5-10/mt and square tube saw a $5-15/mt reduction compared to the previous week. Meanwhile, wire rod saw an increase of $5-10/mt due to the shortage of supplies to the market.