The Iranian market has seen a significant increase in the price of the hot rolled coil, reaching 42,000 tomans per kilo, including value-added tax. This means that consumers now have to pay $840 per ton, the highest rate globally. The market is facing a shortage of hot rolled coil, especially sheets with a thickness of less than 3 mm. Experts suggest increasing imports to address this issue. Downstream producers are struggling to source hot rolled coil, and stakeholders argue for a substantial increase in imports to ensure downstream industries' prosperity and consumer rights.
Iran's hot rolled coil faces unprecedented shortage: Urgent calls for increased imports and consumer protection
In a concerning development, the Iranian market is witnessing a surge in the price of the hot rolled coil, accompanied by a critical shortage, particularly in sheets with a thickness of less than 3 mm.
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