Tag: Iran Currency Depreciation

Iran is currently witnessing currency depreciation which is impacting the import of steel in the nation. In the first nine months of the current Persian year (Mar 21 to Dec 21-2017), Iran imported 1.51 MnT of finished steel, down by 27% Y-o-Y against around 1.20 MnT imported in last year, Iranian Steel Producers Association reported. As…