Iranian rebar export pricing flexible

摘要

Muted demand is forcing Iranian rebar exporters to be quite flexible in pricing. Producers decreased their offers from end-February levels in order to catch buyers. Offers for 12?16 mm Iranian rebar (on-land shipments) are standing at $395?405/t EXW, down $5/t over the past three weeks. “The prices have decreased, as trade is slowing down due to quarantine and the upcoming period of holidays,” a source mentioned.