Iran flat steel import prices rise on higher Russian offers

Prices for imported flat steel in Iran continued to increase over the week ended Wednesday September 6 as deals and offers were reported at higher prices.

Hot rolled coil There was a booking of 20,000 tonnes of hot rolled coil (HRC) from Russia’s Magnitogorsk Iron & Steel Works (MMK) reported at €470 ($559) per tonne fob. This was at a discount from HRC offers from MMK, heard...


Serife Durmus

September 06, 2017

18:50 GMT