EghtesadOnline: Iran Steel Producers Association has voiced its opposition to plans to reduce import tariffs on a number of steel products in an open letter to the First Vice President Es’haq Jahangiri last week.

EghtesadOnline: Steel import tariff rates have always been a sensitive issue for government officials and industry players.

EghtesadOnline: Opinions are divided in the Iranian steel market about the forthcoming reduction of import tariffs on flat steel products amid insufficient supply and stronger domestic demand.

EghtesadOnline: The Iranian government has finally caved in to pressure by the private sector calling for reduction of import duties on flat steel products due to local producers’ inability to meet downstream demand.