Iran international aluminium conference 2012
30 Pct Increase In Iranian Aluminium Prices
Edited by : AL CIRCLE
1 min read
An increase of 30 percent is seen in Iranian Aluminium prices during the past month.
According to local authorities, the main reason for the boom in prices is the vast increase in dollar. The price of dollar had an increase of more than 70 percent since the start of the new sanctions set against Iran by the European union and united states.
The Aluminium used in the industry includes imported aluminium and aluminium produced by Almahdi, Iralco and Hormozal. The increase in prices and dollar has effected imported and local production.
Apart from the upstream sector, the downstream sector has also been affected by the upward trend in dollar prices.
According to local authorities, the main reason for the boom in prices is the vast increase in dollar. The price of dollar had an increase of more than 70 percent since the start of the new sanctions set against Iran by the European union and united states.
The Aluminium used in the industry includes imported aluminium and aluminium produced by Almahdi, Iralco and Hormozal. The increase in prices and dollar has effected imported and local production.
Apart from the upstream sector, the downstream sector has also been affected by the upward trend in dollar prices.
Previous article
Merger Agreement between Hormozal and Almahdi Reduced costs
Next articleLight on the horizon for Hunter aluminium jobs
Grow with
AL Circle
_md.webp)
