Global Flat Steel Trade Log - Week 38, 2018
Mining News Pro - Indian HRC export offers for Vietnam is learned around USD 575-580/CFR basis for Oct shipments against previous deal price of USD 580-585/MT
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Visit: 975
Why is the Khuzestan steel trade declared invalid at the Tehran Stock Exchange?
Mining News Pro - Yesterday, the Industrial Chamber of Commerce of Iran saw 40,000 tons of Khuzestan steel billets at a basic price of 2340 USD per kg, which eventually came with a strange event and demanded 468 thousand tons for the cargo. The Steel Association of Iran reported in a report that today`s supply of Khuzestan steel in a high demand bulk stock has capped 10 percent of the price and the final price has reached 2574 tomans in recent weeks. But this was not the end, as Mohammad Keshani, the managing director of Khorasan Steel, announced the cancellation of the deal.
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Visit: 1122
Iran Steel Trade Dynamics Changing
Mining News Agency - Iranian steelmakers and customers in major outlet regions such as the Middle East, North Africa and Asia have started to voice concerns that the US decision to quit the nuclear agreement would have a negative effect on the country’s steel exports and consequently on output.
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Visit: 1352