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.