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  KWK Steel Co.,Ltd.
Iran Long products market trend in Week-41, 2013
KWK Steel Co.,Ltd.  Time:2013-10-14
Long products market was downward during week 41st in Iran. Average debar price for sizes 14-25 mm was USD755/mt in Esfahan retail market, but dropped by USD10-12/mt by end of the week. Debar size 8-32 mm was also priced at USD760/mt in Ahwaz market, then declined by USD12/mt till during the week.

Long products market is in a wait and see mode. Low margins and high risks have made market activity almost dead. Many domestic mills are facing with high inventory level and reduced production. But raw materials prices have not dropped. Market participants believe that current market prices are the bottom level and mills are not satisfied enough to produce actively as it won’t be affordable for them.

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