Trade of 70,000 MT of C-Type Slab in Iran Mercantile Exchange

Young journalists club

News ID: 1568
Iran » Iran
Publish Date: 17:21 - 06 July 2013
:
Tehran, YJC. -- On 04 July 2013, more than 20,000 MT of C-type slab and 50,000 MT of bloom bar 5 SP was respectively traded with the basic unit price of 15,675 IRR and 17,160 IRR with the forward payment term.
According to the report from IME international affairs and PR, more than 45,000 MT of potential demand was raised for C-type slab and 20,000 MT of potential demand for bloom bar.

The report adds, more than 1,100 MT of A3 re-bar 14-18 with the basic unit price of 17,266 and 5,500 MT of A3 re-bar 16-25 with the basic unit price of 18,439 IRR was traded in IME local trading floor for metal and mines.

Moreover, 1,500 MT of aluminum ingot was traded by the basic unit price of 62,722 IRR which shows a 2 percent decrease comparing to its latest traded price for spot transactions.

IME ( Iran Mercantile Exchange)  is the sole official commodity market in Iran which covers 3 major fundamental commodities group which are , Metals and mines, Oil and Petrochemical and Agricultural trading floor as well as there is a future market for the real people to be involved in.
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