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Iranian flat imports market remained stable

publisherJudy

time2017/07/04

galvanized steel pipe
At the end of Ramadan, Iran's flat imports market remained stable, as market expectations of Ramadan after the end of Iran and other Middle East countries, the demand for flat material will increase, so there are steel mills have begun to raise prices.

Russian Maanshan Iron and Steel (MMK) raised the export volume of hot rolled coil in August, currently reported 393-395 euros / ton, compared with July production of hot rolled coil prices rose 5-8 euros / ton, plus 15-16 euros / ton Of the freight, Ma Gang resources to reach Iran's northern port Anzali price of 408-411 euros / ton. In addition, Maanshan Iron and Steel also raised the cold rolled coil prices 5-15 euros / ton, reported at 460 euros / ton, but in the new price level has not heard of a deal. Kazakhstan to Iran's hot roll offer for 430 US dollars / ton (CFR, Anzali), cold rolled offer for 498-511 US dollars / ton (CFR, Anzali).

Overall, the Iranian hot coil imports quoted at $ 430-460 / tonne (CFR, Iranian ports), up 15 US dollars / ton, cold rolled imports offer 500-530 US dollars / ton (CFR), the chain rose 20 US dollars / Ton, hot galvanized sheet imports offer for 590-600 US dollars / ton (CFR), the chain rose 35-44 US dollars / ton.