Iran steel market
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Iran's Domestic Steel Market Prioritized Over Exports
EghtesadOnline: The Ministry of Industries, Mining and Trade has issued a directive mandating steelmakers to increase their supply to Iran Mercantile Exchange to reach the minimum volume set…
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Iran Steel Market Rocked by Forex Turmoil
EghtesadOnline: The foreign exchange market recently went in a frenzy, with the rial losing its value against the US dollar on a daily basis.
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Iranian Steel Market Confab in Jan.
EghtesadOnline: The Eighth Iranian Steel Market Conference is only a few months away and Iranian government officials and industry players convened on Saturday to review ISMC 2018’s agenda and…
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Prelude to Iranian Steel Market Conference 2018
EghtesadOnline: Iranian government officials and steel industry players met at Financial Tribune’s office in Tehran on Sunday to set the agenda and the general outlook for the Eighth Iranian…
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A Market Divided: Flat Steel Users Decry Reduced Supply
EghtesadOnline: President Hassan Rouhani has ordered the Cabinet to address the parliament’s concerns about steelmakers prioritizing flat steel exports over local downstream users’ demand, chairman…
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Buying Weakens in Iranian Flat Steel Import Market
EghtesadOnline: Buying activity in the Iranian flat steel import market dropped last week amid limited demand from pipe and profile industries.
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Iran Flat Steel Importers Seek Lower Prices
EghtesadOnline: Iranian flat steel importers and traders were seeking lower prices to offset weakening sentiment in Iran’s domestic market.
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A Balancing Act
EghtesadOnline: Iran’s steel consumption has experienced a downtrend for the past six years, highlighting the country’s ailing market and subdued demand.
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Buying in Iranian Flat Steel Import Market Slows
EghtesadOnline: Buying activity in the Iranian flat steel import market slowed over the past week, with suppliers unwilling to pass on price rises to customers, sources told Metal Bulletin on…
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Local Flat Steel Producers Helpless Against Imports
EghtesadOnline: The Iranian steel market’s demand for flat products is being met through imports, as local producers operate below production capacity.
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Imported Flat Steel Buyers Bid Lower
EghtesadOnline: The upward trend in the global flat steel market has affected Iranian flat steel prices, but buyers are still looking for discounts, Metal Bulletin learnt on May 3.
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Flat Steel Import Buying Activity in Iran Modest
EghtesadOnline: Buying activity in the Iranian flat steel import market remained modest despite all suppliers dropping their prices in the past week, sources told Metal Bulletin.
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Reduction of Import Tariff on Flats Painful But Necessary
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.
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Iranians Cut Longs Production to Boost Prices
EghtesadOnline: Depressed domestic prices for longs and poor demand in the Iranian market are forcing local steel producers to adjust to severe conditions.
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Structural Steel Market in Recession
EghtesadOnline: Over 1,400 structural steel sales outlets have gone out of business in the past three years, says the head of Tehran Iron and Steel Union, Mohammad Azad.