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News number: 8710201059

21:19 | 2009-01-09

Economy

نسخه چاپي ارسال به دوستان

HDG Prices in Iran Expected to Fall

TEHRAN (FNA)- Iranian HDG price is heading into a slide as well as other flat and long products.



The price of 0.50 to 1.00 millimeter HDG fell to USD 935 to USD 1,185 per ton ex mill from USD 950 to USD 1,240 per ton the week before.

The imported sources are mainly from Russia, Kazakhstan, India and China. And their prices are usually on the same level with the domestic counterpart.

It may be pointed out that in the recent years, it is becoming harder and harder for foreign mills and traders to hold the market share on the Iranian HDG market because many local HDG making mills are mushrooming. Thus, many HDG buyers have turned their eye from abroad to home.