{"id":1342,"date":"2017-08-22T16:58:45","date_gmt":"2017-08-22T16:58:45","guid":{"rendered":"http:\/\/kjtehrani.com\/en\/?p=1342"},"modified":"2017-08-22T16:59:14","modified_gmt":"2017-08-22T16:59:14","slug":"hrc-pricing-mechanism-at-ime","status":"publish","type":"post","link":"https:\/\/kjtehrani.com\/en\/hrc-pricing-mechanism-at-ime\/","title":{"rendered":"HRC Pricing Mechanism at IME"},"content":{"rendered":"<p style=\"text-align: justify;\">Iran National Competition Council has announced new instruction for pricing HRC thickness lower than 5 mm, to control domestic market. The new instruction is as follow:<\/p>\n<p>Three steel mills that are related to this material including Mobarakeh Steel complex, Ahwaz Rolling and Pipe Co , Ferro Gilan Complex.<\/p>\n<p style=\"text-align: justify;\">These three steel mills are obliged to follow the new instruction in domestic market for supplying their HRC product in Iran Mercantile Exchange (IME).<\/p>\n<p style=\"text-align: justify;\">These three mills should offer 25% of their supply level of the product at IME main hall.<\/p>\n<p style=\"text-align: justify;\">Supplying the material to military and strategic industries to be used in the same industry would be exceptional from these instructions.<\/p>\n<p>The instruction formula for setting price of HRC under 5 mm at IME would be as following:<\/p>\n<p style=\"text-align: justify;\">Base price of HRC under 5 mm thickness = Its global price x Sana Official ex\u2014rate<br \/>\n(assigned by Central Bank of Iran)<\/p>\n<p style=\"text-align: justify;\">There won&#8217;t be any restriction at IME for any possible upward trend in this base price. If there would be a huge gap between final price of HRC at IME and global prices, Iran National Competition Council is obliged to check the market trend regularly for announcing any new decision if needed.<\/p>\n<p style=\"text-align: justify;\"><img decoding=\"async\" loading=\"lazy\" class=\"wp-image-1343 aligncenter\" src=\"http:\/\/kjtehrani.com\/en\/wp-content\/uploads\/2017\/08\/1-9.jpg\" alt=\"1\" width=\"451\" height=\"468\" \/><\/p>\n<p style=\"text-align: justify;\"><strong>Source Steel Mint powered by Keyvan Jafari Tehrani<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Iran National Competition Council has announced new instruction for pricing HRC thickness lower than 5 mm, to control domestic market. The new instruction is as follow: Three steel mills that are related to this material including Mobarakeh Steel complex, Ahwaz Rolling and Pipe Co , Ferro Gilan Complex. These three steel mills are obliged to [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":1250,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[28,21],"tags":[48,50,46,53,65,62,45,47],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v21.3 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>HRC Pricing Mechanism at IME - Keyvan Jafari Tehrani<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/kjtehrani.com\/en\/hrc-pricing-mechanism-at-ime\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"HRC Pricing Mechanism at IME - Keyvan Jafari Tehrani\" \/>\n<meta property=\"og:description\" content=\"Iran National Competition Council has announced new instruction for pricing HRC thickness lower than 5 mm, to control domestic market. The new instruction is as follow: Three steel mills that are related to this material including Mobarakeh Steel complex, Ahwaz Rolling and Pipe Co , Ferro Gilan Complex. These three steel mills are obliged to [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/kjtehrani.com\/en\/hrc-pricing-mechanism-at-ime\/\" \/>\n<meta property=\"og:site_name\" content=\"Keyvan Jafari Tehrani\" \/>\n<meta property=\"article:published_time\" content=\"2017-08-22T16:58:45+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2017-08-22T16:59:14+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/kjtehrani.com\/en\/wp-content\/uploads\/2017\/08\/Hot-Rolled-Steel-PlateCoil-1-1200x552.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"552\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"\u06a9\u06cc\u0648\u0627\u0646 \u062c\u0639\u0641\u0631\u06cc \u0637\u0647\u0631\u0627\u0646\u06cc\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"\u06a9\u06cc\u0648\u0627\u0646 \u062c\u0639\u0641\u0631\u06cc \u0637\u0647\u0631\u0627\u0646\u06cc\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/kjtehrani.com\/en\/hrc-pricing-mechanism-at-ime\/\",\"url\":\"https:\/\/kjtehrani.com\/en\/hrc-pricing-mechanism-at-ime\/\",\"name\":\"HRC Pricing Mechanism at IME - Keyvan Jafari Tehrani\",\"isPartOf\":{\"@id\":\"https:\/\/kjtehrani.com\/en\/#website\"},\"datePublished\":\"2017-08-22T16:58:45+00:00\",\"dateModified\":\"2017-08-22T16:59:14+00:00\",\"author\":{\"@id\":\"https:\/\/kjtehrani.com\/en\/#\/schema\/person\/3c8615bec78fb52c1476c9987e23179d\"},\"breadcrumb\":{\"@id\":\"https:\/\/kjtehrani.com\/en\/hrc-pricing-mechanism-at-ime\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/kjtehrani.com\/en\/hrc-pricing-mechanism-at-ime\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/kjtehrani.com\/en\/hrc-pricing-mechanism-at-ime\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/kjtehrani.com\/en\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"HRC Pricing Mechanism at IME\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/kjtehrani.com\/en\/#website\",\"url\":\"https:\/\/kjtehrani.com\/en\/\",\"name\":\"Keyvan Jafari Tehrani\",\"description\":\"Personal Website\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/kjtehrani.com\/en\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/kjtehrani.com\/en\/#\/schema\/person\/3c8615bec78fb52c1476c9987e23179d\",\"name\":\"\u06a9\u06cc\u0648\u0627\u0646 \u062c\u0639\u0641\u0631\u06cc \u0637\u0647\u0631\u0627\u0646\u06cc\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/kjtehrani.com\/en\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/b29d20fbd9fa444ac77fbfcdbddba504?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/b29d20fbd9fa444ac77fbfcdbddba504?s=96&d=mm&r=g\",\"caption\":\"\u06a9\u06cc\u0648\u0627\u0646 \u062c\u0639\u0641\u0631\u06cc \u0637\u0647\u0631\u0627\u0646\u06cc\"},\"description\":\"Keyvan is the owner and CEO of Jame Tejarat Company (JTC) since its establishment in 2002. He has been exporting minerals and steel value chain products especially iron ore, concentrate, HBI, steel products to various markets, but mainly to China and ASEAN countries, for about 26 Years. He has 36 years solid experience in the field of mining production &amp; export of commodities. He was a Member of the Board &amp; Head of International Affairs of IROPEX (Iranian Iron Ore Producers &amp; Exporters Association) from 2012 up to 2017. Keyvan has a Bachelor degree in Electronic Engineering, Masters degree in Medical Engineering and MBA and Phd. in Radiology from Iranian Reputable Universities and numerous post-graduation courses in Mining, Steel &amp; Management Fields from Iranian &amp; Foreign Universities. Currently, he is a Professor &amp; Senior Analyst in International Economy and Commodities and has numerous articles published in Iranian &amp; International Websites, News Agencies &amp; Media. 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He has been exporting minerals and steel value chain products especially iron ore, concentrate, HBI, steel products to various markets, but mainly to China and ASEAN countries, for about 26 Years. He has 36 years solid experience in the field of mining production &amp; export of commodities. He was a Member of the Board &amp; Head of International Affairs of IROPEX (Iranian Iron Ore Producers &amp; Exporters Association) from 2012 up to 2017. Keyvan has a Bachelor degree in Electronic Engineering, Masters degree in Medical Engineering and MBA and Phd. in Radiology from Iranian Reputable Universities and numerous post-graduation courses in Mining, Steel &amp; Management Fields from Iranian &amp; Foreign Universities. Currently, he is a Professor &amp; Senior Analyst in International Economy and Commodities and has numerous articles published in Iranian &amp; International Websites, News Agencies &amp; Media. 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