Debar price was upward till Tuesday then finished the week downward. Average price of debar in Esfahan market started the week at IRR 17.325 million per tonne then after some up and down fluctuations finished the week at IRR 17.67 million per tonne. I beam price had same fluctuations like debar during week 52.
Positive sentiment of debar market increased transactions levels of debar at Iran Mercantile Exchange. During last Iranian month around 104,000 tonnes of debar was transacted at IME but during first week of current month 127,000 tonnes of debar was sold at IME.
As last quarter of each year is time for steel market restocking, long products prices will be upward, but low demand in construction market won't let long products prices change significantly.
Source:
http://www.steelguru.com/middle_east_news/Iran_Steel_Market_Trend_in_Week_52_Long_products/296944.html
