Iran export duties on steel semis, raw materials at minimum as prices drop

Export duties applied to semi-finished steel products from Iran, as well as to various raw materials, have fallen to minimal levels because the prices for them have been falling recently, Fastmarkets heard on Tuesday May 24.

Iranian export duties are based on the percentage difference between index prices and current sales prices.

The index prices are based on average market prices in December 2021. The duties...


Vlada Novokreshchenova

May 24, 2022

15:15 GMT